James Whitaker of PwC: Navigating South African Tax and Wealth Structuring
Navigating South African Tax and Wealth Structuring with James Whitaker of PwC
Are you curious about the world of wealth structuring in South Africa? Join David as he sits down with James Whitaker, Partner at PwC, to explore some fascinating topics. They discuss everything from the differences between local and international trusts for South African clients to the latest trends in the family office space.
Plus, they tackle tough questions like how to have discussions with clients on ceding control when placing assets into trust and where tax disputes may arise. So if you're ready for an insightful conversation, tune in now! And don't forget to leave your thoughts in the comments below.
James leads the Private Wealth practice at PwC South Africa. The practice provides holistic tax solutions to high net worth individuals and James specialises in the complexities associated with cross border aspects of South African tax, both in terms of advising on the South African tax and exchange control implications of structures and cross border moves for individuals and their families.
James also leads the Tax and Legal Services practice at PwC South Africa. Prior to moving to Cape Town over 20 years ago, James worked at PwC in London and New York, advising global companies on the tax and reward implications of cross border moves. James is a member of the UK Chartered Institute of Tax and the South African Institute of Tax.
In this interview they also cover:
James' background at PwC
What has it been like working in South Africa?
What is in the wealth structuring toolkit in South Africa?
How do you go about having a discussion with clients on ceding control when placing assets into trust?
What's the difference between local & international trusts for South African clients?
Are you seeing Loop Structures being used to reinvest in South Africa?
Do you see any trends in the family office space?
How are structures set up to manage local business assets and where do foreign trustees play a role?
Are pre-nups used to protect wealth on divorce?
What kind of assets do you see in the trust, are crypto and digital assets starting to feature?
Where do you see tax disputes arising?
Is residency an important factor for determining tax liabilities in South Africa?
