To provide for the introduction of the Global Anti-Base Erosion (GloBE) Rules in South Africa; to provide for the imposition of Top-up Tax; and to provide for matters connected therewith.

The Act was gazetted by the President on December 24, 2024, and backdated to take effect from January 1, 2024. This marks a significant shift in the country’s tax landscape.

The new law adopts the GloBE (Global Anti-Base Erosion) Rules developed by the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting, and is designed to ensure large multinational enterprises pay a minimum level of tax on the income arising in each jurisdiction where they operate, as part of the solution for addressing the tax challenges of the digital economy.

This new Act is available on the Data Dynamics catalogue.

Get access to a comprehensive library of legislation spanning local, provincial, national and African law that is always up-to-date.

Build an OHS or environmental legal register or create an aspect impact register linking relevant legislation directly from your library.

Assess your registers by various custom criteria and formulae that include: evaluating compliance and determining significance.

Generate and print detailed reports that include, but are not limited to: your current library, compliance or risk status.

Providing the most accessible, accurate and up-to-date digital law to South Africa's companies has been the bedrock of our philosophy since 1991 when we published our first digital act, OHS.

We now publish over 600 law titles spanning national, provincial and municipal acts, regulations, ordinances and by-laws. A growing African SHEQ library is also available for those who operate abroad.

Law changes happen every day. Legal registers based on such laws will invariably be out-of-date within the quarter that they are printed. Without a system that automatically responds to law updates, there will undoubtedly be large amounts of billable hours incurred to periodically refresh the registers by third parties. By updating the register in-house such costs are virtually eliminated.

The timeous response to legal amendments affords the company the ability to align with developing requirements swiftly, and thus reduce the risk to the employees and the legal costs associated with non-compliance.

DLEX puts the power in your hands by providing you with a comprehensive legal compliance platform for managing the laws and regulations that govern your company's operations. Armed with all the necessary tools to create a statement of compliance and ensure continued commitment.

DLEX is part of a continual improvement process as defined in popular standards. It simplifies this process by allowing you to organise your company's applicable legal and other requirements in one knowledge base that can be monitored and assessed by various criteria that include; evaluating compliance and determining significance.

Assessing is not only critical to determining new obligations that pose a significant risk to your company, but also monitoring compliance with your existing legal and other requirements.

The DLEX Assessment Manager provides you with the facility to visually identify the significant topics within your register utilising custom criteria and formulae.

DLEX provides you with a comprehensive system for monitoring your company's legal obligations. As soon as law is amended, DLEX will provide you with clear notifications of the affected law extracts used in your legal register and a side-by-side comparison showing the 'old vs new' legislation.

The benefits are invaluable. Being constantly made aware of law changes and where your legal register and business operations are impacted, will maximize your ability to show compliance, while allowing you to react quickly in areas where action may be required.