Johannesburg, 26 February 2021 – Base Erosion and Profit Shifting (BEPS), which is often mentioned in the context of transfer pricing, concerns the shifting of profits from one entity within a multinational group to another by means of strategic tax planning, from a higher tax jurisdiction to a lower one.

Johannesburg, 26 February 2021 – Minister of Finance, Tito Mboweni, delivered his 2021 Budget Speech on Wednesday, 24 February 2021.