Peter Dachs is a director at ENSafrica in the tax department and specialises in financial services, mergers and acquisitions and international tax. In particular, he advises South African corporates and financial institutions on their domestic tax issues in relation to, among others, group re-organisations, financing and mergers and acquisitions.
He also provides advice to South African multinationals in respect of the South African tax consequences arising from their offshore investments. The scope of advice includes profit extraction mechanisms, controlled foreign company planning and transfer pricing advice. In addition, he advises multinationals investing into South Africa in respect of appropriate investment strategies.
He has acted for South African and foreign corporates, South African and foreign banks and South African financial institutions (such as insurance companies). He also provides advice to high net worth individuals in respect of their investments, in particular the tax consequences of South African and offshore trusts. Peter’s experience also includes advising on exchange control issues in respect of both investments into and out of South Africa. He jointly leads the firm’s tax department with Bernard du Plessis. He is an editor of The Taxpayer including Meyorowitz on Income Tax. He has co-authored Silke on International Tax, and has co-authored Broomberg’s Tax Strategy. He has held lectures on tax at the University of Cape Town, the University of Stellenbosch and the University of the Witwatersrand.
Peter is recognised as a leading/recommended lawyer by the following reputable rating agencies and their publications: Best Lawyers 2016, 2013 – tax law (South Africa), Chambers and Partners Global Guide to the World’s Leading Lawyers 2015, 2014, 2013 – tax (South Africa), The Legal 500 Guide to Outstanding Lawyers 2015, 2014, 2013 – tax (South Africa), Tax Directors Handbook 2014 – tax (South Africa) and tax lawyer of the year at the ACQ Global Awards 2014.