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KPMG South Africa

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Businesses have not always given #tax management the attention it deserves. Therefore the question is often asked “why the need for tax management?”
There is uncertainty about what tax management really is. According to Joubert, the definition of tax management is: “The proactive management of the tax life cycle as a business risk through the implementation of embedded strategies, policies and procedures.”
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Prescription will be in the limelight this year, according to Roula Hadjipaschalis, Director in Corporate #Tax, #KPMG in South Africa. Traditionally, taxpayers felt safe in the knowledge that, provided they had made full disclosure, a tax matter was closed 3 years after assessment.
#BudgetSpeech #TaxBudget  
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As our clients’ business’s continue to evolve in the #technological space, more clients are using cloud #networking, #mobile #apps for sales, on-line stores etc, all with real-time payments clearing. These changes bring about exciting opportunities for #data #analytics. To remain relevant as auditors, while managing the risks behind the underlying data, we need to embrace these opportunities and get involved in key discussions with client management about facts to value behind their numbers.
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Jacques Erasmus, Head of South Africa #Mining at #KPMG speaks to the challanges facing the mining industry at the 2015 Mining Indaba. #Africa #MiningIndaba
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KPMG South Africa

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The AML Survey 2012 showed that AML is a high priority within banks and AML Compliance in the future will continue to enjoy prominence, with the investment in AML predicted to increase over the next 3 years, in some cases between 21 and 50 percent. We share key areas of focus in implementing an effective and compliant function
The following key areas of focus in implementing an effective and compliant AML function are to be noted. The following key areas of focus in implementing an effective and compliant AML function are to be noted.
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There is little doubt that #Africa has an abundance of both resource and market potential, yet it continues to struggle to deliver on large projects. We discuss overcoming Africa’s infrastructure deficit to bolster mining.
#MiningIndaba2015
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#BudgetSpeech: The Minister of Finance will be faced witha challenging situation in February 2015 when he announces his budget for 2015/6. Tax options include raising personal income taxes specifically for higher income earners, as well as raising company taxes however company profits and income levels have been under pressure with the growing economic constraints in South Africa.
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The Minister of Finance will be faced with a tricky situation tomorrow when he announces his Budget for the next year. #BudgetSpeech #TaxBudget  
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KPMG South Africa

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When a customer walks into a store and thinks one of the mannequins is watching their every movement, they might well be right. Armed with technology that tracks customers’ movements, and recognizes their gender and race, mannequins are being used to produce data that helps retailers better understand customers.
Retailers can then determine whether advertisement artwork is not cluttered. Headway has been made locally where videos and data can track foot traffic at any particular time.
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KPMG South Africa

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The 2014 Global Manufacturing Outlook is based on a survey of 460 senior executives conducted by Forbes on behalf of KPMG International. #GMO
The 2014 Global Manufacturing Outlook (GMO) survey findings reveal that manufacturers are entering into a new era of ‘disruptive complexity’ which is fundamentally changing the way manufacturers compete and succeed.
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#Africa did not score well in the Frazer Institute Survey of #Mining Companies 2013 Policy Perception Index which measures the overall policy attractiveness of 112 jurisdictions globally. We unpack obstacles to growing African mining #FDI.
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Our Listing in #Africa publication provides a country by country overview of the extractive industries and related stock exchange listing criteria, a comparison with developed stock exchanges that attract listings in the extractive industries as well as general insights around investment across the continent.

Download this publication if you are listing or investing on this exciting continent. #miningindaba2015  
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KPMG is a global network of professional firms providing Audit, Tax and Advisory services.
Introduction
KPMG firms are some of the world’s leading providers of audit, tax and advisory services. Our reputation is created by the way the people within our member firms interact with clients, colleagues and their communities. We work closely with our clients, helping them to mitigate risks and grasp opportunities.