South Africa considering tax changes to offshore pension funds

South African tax authorities may clamp down on the way overseas pension products are taxed, according to Martin Hall, director of Isle of Man-based Optimus. In April, The Davis Tax Committee (DTC), which reviews and makes recommendations on South Africa's tax system, issued a report urging the country's revenue service to investigate the taxation of offshore retirement funds. - please link to International Adviser to log in and  read the full article by Monira Matin.