Robyn Berger, Tax Executive at Bowmans, gives her views on the implications for investors of recent developments relating to loop structures.

Until circular 1/2021 was released on 4 January this year, it was largely prohibited for South Africans to invest in offshore structures that owned South African assets or lent money to South Africans.

The rules have been relaxed gradually over time with share incentive scheme loops having been allowed for many ye...