OBS_VALUE: Tax Guide South Africa 2020/21https://www2.deloitte.com/content/dam/Deloitte/za/Documents/tax/Deloitte-Africa-Quick-Tax-Guide-2021-2022.pdfNormal income tax is payable by South African companies on their worldwide taxable income at the rate of 28%. Foreign companies are treated equally with incomes from within South Africa (possible avoidance of double taxation if taxed outside South Africa). Whilst South African residents in certain circumstances enjoy a rebate in that CGT (capital gain tax) is only paid on the portion of the profit that exceeds R2,5 million, non-residents are excluded from this relief and must pay CGT on the profit made from disposal of the property. See also: Key Information for Property Acquisition as a Non-Resident http://www.pamgolding.co.za/advisory/non-sa-residents.asp