Dries Hoek

Director

Dries Hoek is a Director in our Tax & Exchange Control practice. He is an expert in all aspects of tax law with a particular interest in the tax issues that flow from mergers and acquisitions, with over ten years' experience advising South African and international companies on domestic and cross-border transactions. Dries has extensive experience in conducting due diligence reviews, the appraisal of acquisition and disposal transactions, financial modelling and providing clients with general corporate tax planning and advisory.

Dries Hoek

About Dries

Dries qualified as a Charted Accountant in 2004 and practiced in Deloitte’s M&A Tax department. He later joined Webber Wentzel in 2007, where he was appointed as a Director in 2010. Dries joined Cliffe Dekker Hofmeyr as a Director in 2015.

Areas of expertise

Experience

    • Domestic and cross-border transactions
    • South African corporate tax planning
    • Mergers and acquisitions including empowerment transactions and an interest in transactions within the mining sector
    • Corporate reorganisations and restructurings
    • Employee incentive schemes
    • Design private equity buyouts, including debt pushdown and management participation structures

Recognition

  • The Legal 500 EMEA 2017, 2018 and 2020 recommended Dries for tax.

Credentials

Education

  • Chartered Accountant (SA)
  • BCom Accounts (Honours), University of Pretoria
  • Higher Diploma in Tax law, University of Johannesburg

Memberships

  • SAICA (member since 2004)

LANGUAGES

  • English

News

Further refinements to the corporate rollover relief provisions

Further refinements to the corporate rollover relief provisions

A more equitable outcome for unbundling transactions
Tax & Exchange Control

A more equitable outcome for unbundling transactions

Unbundling transactions unlock value for shareholders and fiscal benefits for the economy. Transactions of this nature generally comprise an unbundling company transferring its equity...

Resolving the anomaly between new assessed loss utilisation restrictions and section 36 mining capital allowances

Resolving the anomaly between new assessed loss utilisation restrictions and section 36 mining capital allowances

In 2021 amendments were proposed relating to section 20 of the Income Tax Act 58 of 1962 to limit corporate taxpayers’ ability to utilise assessed losses carried forward to 80% of...

A new dawn for dividend-stripping rules?

A new dawn for dividend-stripping rules?

National Treasury amended legislation governing share buy-backs and dividend stripping in 2017 and again in 2018. The specific anti-avoidance provisions can be found in s22B of the...

Welcome relief?
Tax & Exchange Control

Welcome relief?

The recently introduced anti-dividend stripping rules applicable to shares held as trading stock or as capital assets are seen by many as overly broad and having unintendedconsequences. 

All in one: another ruling regarding an amalgamation transaction

All in one: another ruling regarding an amalgamation transaction

In our Tax and Exchange Control Alert of 20 May 2016, we discussed Binding Private Ruling 231 (Overruled: SARS expresses an interesting view on be an amalgamation transaction), in...

Overruled: SARS expresses an interesting view on an amalgamation transaction

Overruled: SARS expresses an interesting view on an amalgamation transaction

The South African Revenue Service (SARS) has traditionally adopted a conservative approach in issuing rulings which approve a tenuous interpretation of provisions of the Income Tax...

Every house has a story: does employer-provided accommodation always constitute a fringe benefit?
Tax & Exchange Control

Every house has a story: does employer-provided accommodation always constitute a fringe benefit?

On 14 April 2016, the South African Revenue Service (SARS) issued Binding Private Ruling 229 (Ruling), which dealt with provisions in the Seventh Schedule to the Income Tax Act, No...

Narrowing the definition of a hybrid debt instrument

Narrowing the definition of a hybrid debt instrument

The definition of a hybrid debt instrument will be amended to exclude instruments subject to subordination arrangements.

Tax consequences of a liquidation distribution followed by an amalgamation transaction
Tax & Exchange Control

Tax consequences of a liquidation distribution followed by an amalgamation transaction

Cliffe Dekker Hofmeyr announces eight partner appointments in strategy to grow service offering in key client sectors

Cliffe Dekker Hofmeyr announces eight partner appointments in strategy to grow service offering in key client sectors

Further refinements to the corporate rollover relief provisions

Further refinements to the corporate rollover relief provisions

A more equitable outcome for unbundling transactions
Tax & Exchange Control

A more equitable outcome for unbundling transactions

Unbundling transactions unlock value for shareholders and fiscal benefits for the economy. Transactions of this nature generally comprise an unbundling company transferring its equity...

Resolving the anomaly between new assessed loss utilisation restrictions and section 36 mining capital allowances

Resolving the anomaly between new assessed loss utilisation restrictions and section 36 mining capital allowances

In 2021 amendments were proposed relating to section 20 of the Income Tax Act 58 of 1962 to limit corporate taxpayers’ ability to utilise assessed losses carried forward to 80% of...

A new dawn for dividend-stripping rules?

A new dawn for dividend-stripping rules?

National Treasury amended legislation governing share buy-backs and dividend stripping in 2017 and again in 2018. The specific anti-avoidance provisions can be found in s22B of the...

Welcome relief?
Tax & Exchange Control

Welcome relief?

The recently introduced anti-dividend stripping rules applicable to shares held as trading stock or as capital assets are seen by many as overly broad and having unintendedconsequences. 

All in one: another ruling regarding an amalgamation transaction

All in one: another ruling regarding an amalgamation transaction

In our Tax and Exchange Control Alert of 20 May 2016, we discussed Binding Private Ruling 231 (Overruled: SARS expresses an interesting view on be an amalgamation transaction), in...

Overruled: SARS expresses an interesting view on an amalgamation transaction

Overruled: SARS expresses an interesting view on an amalgamation transaction

The South African Revenue Service (SARS) has traditionally adopted a conservative approach in issuing rulings which approve a tenuous interpretation of provisions of the Income Tax...

Every house has a story: does employer-provided accommodation always constitute a fringe benefit?
Tax & Exchange Control

Every house has a story: does employer-provided accommodation always constitute a fringe benefit?

On 14 April 2016, the South African Revenue Service (SARS) issued Binding Private Ruling 229 (Ruling), which dealt with provisions in the Seventh Schedule to the Income Tax Act, No...

Narrowing the definition of a hybrid debt instrument

Narrowing the definition of a hybrid debt instrument

The definition of a hybrid debt instrument will be amended to exclude instruments subject to subordination arrangements.

Tax consequences of a liquidation distribution followed by an amalgamation transaction
Tax & Exchange Control

Tax consequences of a liquidation distribution followed by an amalgamation transaction

Cliffe Dekker Hofmeyr announces eight partner appointments in strategy to grow service offering in key client sectors

Cliffe Dekker Hofmeyr announces eight partner appointments in strategy to grow service offering in key client sectors

From vision to fruition.