Globalisation of trade and investment has led multinational enterprises to develop strategies to maximise profits by investing in countries with a favourable tax climate, resulting in loss of tax revenue to domestic economies. In South Africa, recent economic liberalisation and associated relaxation of exchange controls have created increasing exposure to global competition, risk of capital flight and potential threat to the tax base. Heeding OECD recommendations intended to counter negative tax implications for domestic economies and curb harmful tax practices, South Africa introduced controlled foreign company provisions initially in 1997, followed by comprehensive legislation in 2001. Appropriateness of South Africa’s CFC regulations as domestic anti-avoidance measures is assessed in this study for their relevance in the international fiscal arena, highlighting key divergences, shortcomings and anomalies in the South African regulations compared with OECD recommendations, and with regulatory measures in the United Kingdom (jurisdictional-entity approach) and the United States (transactional approach), these two examplars offering paradigms of the most important CFC regulatory approaches currently in force. The primary materials investigated in the study are the statutes which constitute the taxation laws, read in conjunction with auxiliary, quasi-statutory advisory and explanatory documentation issued by the respective regulatory authorities, along with test cases that established legal precedent on points of ambiguity in taxation law. A key finding in the literature review is the relative dearth of publications on current South African CFC regulations in an international comparative context. A paradigm shift is noted in United Kingdom tax policy, as it migrates towards a territorially inclined tax system in CFC regulations – more compatible with European Union (EU) requirements and propelled in large measure by EU-pressure – with a similar trend in United States tax policy, intended to rekindle expansion and growth of the United States economy through repatriation of foreign funds earned by CFCs. The study finds that it would be unrealistic to seek an absolute paradigm for reform or evolution of South African CFC regulations in either the United Kingdom or the United States, although the South African and United Kingdom CFC measures show significant affinities in their entity-based mechanisms to grant full exemption. More significant constituents of CFC regulation in one or another of the two countries do, however, prove to be generally congenial to the South African situation and offer useful pointers for ongoing reform of the South African measures. Other areas in the United Kingdom or United States CFC regulations are identified as less relevant to South African requirements, being linked to tax principles that would be excessively complicated in the South African circumstances, needlessly demanding for tax administrators and for South African shareholders, contradictory to South African tax principles, anachronistic, or not suited for the underlying global-entity approach in the South African regulations. The research provides an updated assessment of the current state of the South African CFC regulatory measures, when seen in a broader international context, and indicates areas that could be the subject of fruitful ongoing investigation. / PhD (Tax), North-West University, Potchefstroom Campus, 2014

Controlled foreign company ('CFC') legislation was introduced in phases to co-incide with South Africa?s move from a source based system to a residence based system. Initially with the introduction of the legislation it was directed at those foreign entities earning passive income. However, over the years the legislation has been amended to include active income of entities and additional aspects to the section have been inserted to provide clarity for taxpayers. An increase in cross border transactions and offshore investment has necessitated the need to introduce CFC legislation into the revenue codes of many countries, South Africa being one of them. In most revenue codes where CFC or similar legislation has been introduced it is one of the most complex areas in a country's revenue code (Sandler, 1998:23). This mini-dissertation aims to interpret section 9D and also aims to provide guidance on its application in practice with the help of practical examples and reference to relevant international case law. The end result of this research is a proposed interpretation note on section 9D which is attached as Appendix 1. / Thesis (M.Com. (Tax))--North-West University, Potchefstroom Campus, 2011.

Controlled foreign company ('CFC') legislation was introduced in phases to co-incide with South Africa?s move from a source based system to a residence based system. Initially with the introduction of the legislation it was directed at those foreign entities earning passive income. However, over the years the legislation has been amended to include active income of entities and additional aspects to the section have been inserted to provide clarity for taxpayers. An increase in cross border transactions and offshore investment has necessitated the need to introduce CFC legislation into the revenue codes of many countries, South Africa being one of them. In most revenue codes where CFC or similar legislation has been introduced it is one of the most complex areas in a country's revenue code (Sandler, 1998:23). This mini-dissertation aims to interpret section 9D and also aims to provide guidance on its application in practice with the help of practical examples and reference to relevant international case law. The end result of this research is a proposed interpretation note on section 9D which is attached as Appendix 1. / Thesis (M.Com. (Tax))--North-West University, Potchefstroom Campus, 2011.

Aim and starting point: The aim of the Bachelor thesis is to examine and define the paramount knowledge Chinese businessmen need in order to succeed with their establishment in Sweden. The authors also seek to answer what incentives attract Chinese businessmen to come to Sweden, as well as how Chinese establishments in Sweden can be predicted to appear in the future. Results/conclusions: The study outlines key areas in which Chinese businessmen should have knowledge in order to succeed with their establishment in Sweden. The results also gives an indication on how Chinese business establishments in Sweden will appear in the future, into which areas the Chinese mainly invest/establish in, as well as why and how these are done. On the basis of this material the authors generate proposals for educational packages which among others can be sold to Chinese businessmen. Knowledge overview: Here relevant theory connected to the area of study is presented. The knowledge overview presents the Swedish in relation to the Chinese perspective in areas such as: culture, hierarchy, relations, Face, communication, HRM, education, CSR and labour law. The knowledge overview can itself contribute to fostering an understanding of differences between Sweden and China. Method: The area of research has been accessed by a combination of methods. The study is both deductive and explorative. The main channel of information and data collection are in-depth interviews which are used as a deductive starting point, an expert investigation and as a Grounded Theory. As a complement the authors have also conducted a delphi study in which an expert panel answered questions concerning the future of Chinese establishments in Sweden. The deductive and explorative parts have been analyzed individually and have each generated a conclusion. These conclusions have then been interwoven in a synthesis that highlights and creates new knowledge. / Syfte och utgångspunkt: Syftet med kandidatuppsatsen är att undersöka vilka kunskaper kinesiska affärsmän främst behöver för att lyckas med sina etableringar i Sverige. Författarna söker även svar på vad som kan locka kinesiska affärsmän till Sverige, samt hur kinesiska etableringar i Sverige kan komma att te sig i framtiden. Resultat/Slutsats: Studien genererar nyckelområden inom vilka kinesiska affärsmän bör ha kunskaper för att lyckas med etableringar i Sverige. Resultatet ger även indikationer på hur kinesiska affärsetableringar i Sverige kommer att te sig i framtiden, inom vilka områden kineserna främst investerar/etablerar sig i, samt varför och hur dessa görs. Genom detta underlag genererar författarna förslag till utbildningspaket som bland annat kan säljas till kinesiska affärsmän. Kunskapsöversikt: Här presenteras relevant teori kopplad till området som undersökts i studien. Kunskapsöversikten presenterar det svenska respektive det kinesiska perspektivet inom områden som kultur, hierarki, relationer, ansikte, kommunikation, HRM, utbildning, CSR och arbetsrätt. Kunskapsöversikten kan i sig bidra till att skapa förståelse för olikheter mellan Sverige och Kina vilka kan påverka affärsrelationer. Metod: Forskningsområdet har undersökts genom en metodkombination. Studien är såväl deduktiv som explorativ. Den huvudsakliga informations- och datainsamlingskanalen är djupintervjuer som används till såväl en deduktiv utgångspunkt som expertutredning och grundad teori. Som komplement har även en delphiundersökning gjorts där en expertpanel besvarat frågor angående framtida kinesiska etableringar i Sverige. Den deduktiva och de explorativa delarna har analyserats var för sig och genererat varsin slutsats. Dessa slutsatser har sedan vävts samman i en syntes som förtydligar och skapar ny kunskap.

- RESUME This work is concentrated on issue of purchase of medical practices which in this market period gains the importence. Even though today there is bigger and bigger demand for this transaction, legislation is not very well adapted to that. Medical practice can be perceived as undertaking pursuant to § 502 civil code. Because of that, it is possible to sell it (besides other ways) based on legal title business purchase contract pursuant to § 2175 civil code. Legal title business purchase contract is in practice used often, nevertheless whole process of purchase of medical practice based on legal title business purchase contract is not smooth. I would like to highlight the problems which can emerge. It is possible to divide this work into two parts. The first part deals with legal definitions and legal analysis of basic legal terms as undertaking, medical practice, provider of medical assistance services. We can find here also justification why it is possible to perceive medical practice as undertaking. The second part is focused on business purchase contract in general with specifics, which can arise in case of purchase of medical practice based on legal title business purchase contract. In second chapter (after the introduction), I define in general the concept of undertaking and I also...

This thesis investigates Swedish trade promotion in Lebanon from 1920 to 1975. The aim is to increase knowledge about how actors in a small open western economy tried to develop their economic interests in an emerging market characterized by great uncertainty. Here, the promising economic outlook coincided with a high degree of political instability. The study analyzes the interactions between Swedish trade related authorities, organizations and companies in their efforts to develop Swedish business interests in Lebanon: a developing country in a conflict-affected area with potentially large and emerging markets, where the cultural distance to Sweden was significant. In this study a model, which is known as the Uppsala model, forms an analytical interpretative framework for studying the actions and strategies of the trade related authorities and organizations despite the model's specific perspective on the establishment process of firms abroad. Based on the taxonomy, which is the basis of this interpretative model, this interpretative framwork has been possible to apply because of the assumed interactions between trade related authorities/organizations and companies when establishing commercial presence in new markets. The assumption is that the trade related authorities and organizations enhance for companies in various ways, while there is an economic-political interest that the state strives to reach by encouraging companies to set up business in new markets. By using this model, the events have been systematized through a historical generalization and periodization of Swedish trade promotion and organization. Added with the type of knowledge development that has taken place. In this way, the role of authorities and organizations in trade promotion and organizational build-up abroad has been highlighted. The results show that Swedish trade promotion attempts and organization in Lebanon took place in close cooperation with Swedish trade related authorities and organizations through their information inflows. In practice the companies' needs for information and assistance were reflected in the work that has been exercised by the authorities and organizations. By playing an important role in information building, escalating network positions and at the same time providing the companies with specific information, the trade related authorities and organizations became key actors in the development of Swedish trade relations with Lebanon. The study concludes that new perspectives can be obtained by including trade related authorities and organizations when using the Uppsala model in future studies. / Denna avhandling studerar svenska handelsfrämjande åtgärder i Libanon 1920-1975. Syftet är att öka kunskapen om hur aktörer i en liten öppen västekonomi försökte utveckla sina ekonomiska intressen på en ny framväxande marknad präglad av stor osäkerhet, där lovande ekonomiska utsikter sammanföll med en hög grad av politisk instabilitet. I studien analyseras samspelet mellan svenska handelsrelaterade myndigheter, organisationer och företag i deras strävan att utveckla svenska handels- och affärsintressen i Libanon: ett land som betraktas här som ett utvecklingsland i ett konfliktdrabbat område med potentiellt stora och nya marknader med ett betydande kulturellt avstånd till Sverige. I studien utgör den så kallade Uppsalamodellen den analytiska tolkningsramen för att studera myndigheternas och intresseorganisationernas agerande och strategier, trots att modellens perspektiv bygger på företagens utlandsetablering. Med utgångspunkt i den taxonomi som är grunden i modellen har denna tolkningsram varit möjlig på grund av det samspel som antas finnas mellan företag och myndigheter, särskilt när det gäller etablerandet av en affärsmässig närvaro på en ny och osäker marknad. Antaganden är att myndigheterna på olika sätt underlättar för företagen, samtidigt som det finns ett statligt ekonomisk-politiskt intresse att få företag att etablera sig på nya marknader. Med hjälp av modellen har händelseförloppen systematiserats genom en historisk generalisering och periodisering av svenska handelsfrämjande åtgärder med avseende på organisation och den typ av kunskapsuppbyggnad som skett. Därmed belyses också myndigheternas och organisationernas roll vid företagsetableringar i utlandet. Resultaten visar att företagsetableringsförsöken och organisationen av svensk handel i Libanon skedde i nära samarbete mellan svenska myndigheter och organisationer genom utbyte av information. I praktiken avspeglades företagens behov av information och hjälp i myndigheternas och organisationernas arbete. I och med att myndigheterna/organisationerna deltog i informationsuppbyggnaden, skapandet av nätverkspositioner och samtidigt förmedlade information mellan företagen var dessa betingade som centrala aktörer vid etableringen av svenska handelsförbindelser med Libanon. Studiens slutsats är att nya perspektiv gällande företagsetableringar på utländska marknader kan erhållas genom att inkludera myndigheters och organisationers agerande vid tillämpningen av Uppsala modellen i framtida studier.