Howmera Parak

Director

Howmera Parak is a Director in our Tax & Exchange Control practice specialising in corporate and international tax, exchange control and tax controversy.

Howmera Parak

About Howmera

Howmera began her career in 2010. She practiced as an Associate and Senior Associate at Edward Nathan Sonnenbergs Inc. (ENSafrica) until 2017 and thereafter practiced in leading international law firm, Baker McKenzie until 2019. Howmera joined Cliffe Dekker Hofmeyr as a Director in 2020.

Areas of expertise

Experience

  • Howmera specialises in corporate tax international tax and exchange control. She focuses on South African and cross-border M&A related tax matters including pre and post-acquisition restructurings and integrations as well as tax issues in connection with structuring of and financing of both domestic and cross border transactions and local empowerment transactions. 

  • Her experience covers representing major corporations, investment banks, funds, high net-worth individuals and others on a range of tax and exchange control matters including complex equity and debt structuring, estate planning, due diligence reporting and advising on the tax implications of convertible and exchangeable, security offerings, financial products including Islamic financial products, equity-linked securities, security units, hybrid securities and traditional corporate finance transactions as well as public and private equity and debt offerings. 

  • Howmera also advises on domestic and international tax controversy matters across all phases of the audit cycle, alternative dispute resolution and tax litigation proceedings in South Africa.

Recognition

  • The Legal 500 EMEA 2021-2025 recommended Howmera for Tax.
  • 2026 ITR World Tax Rankings ranked Howmera as “Rising Star” in general corporate tax in South Africa. 

Credentials

Education

  • Registered with the Legal Practice Council
  • LLB, University of KwaZulu Natal
  • MBA (Masters of Business Administration) Gordan, Business Gordan Business Institute of Technology, University of Pretoria
  • PGDip (Postgraduate Diploma) in Business Administration, Business Gordan Business Institute of Technology, University of Pretoria
  • Law Society of South Africa

LANGUAGES

  • English

News

CDH Tax & Exchange Control experts recognised among the best in the 2026 ITR World Tax Rankings
Firm News

CDH Tax & Exchange Control experts recognised among the best in the 2026 ITR World Tax Rankings

Our Tax & Exchange Control experts have been recognised among the top professionals in the newly released 2026 ITR World Tax rankings, further cementing our firm’s reputation for excellence...

Watch Howmera Parak and Puleng Mothabeng talk about empowering women in tax as a catalyst for change
Tax & Exchange Control

Watch Howmera Parak and Puleng Mothabeng talk about empowering women in tax as a catalyst for change

Watch, as Howmera Parak and Puleng Mothabeng explore how increasing women's representation can drive encourage more women to pursue a career in tax and offer practical advice to young...

Empowering women in tax as a catalyst for change
Tax & Exchange Control

Empowering women in tax as a catalyst for change

Listen in, as Howmera Parak and Puleng Mothabeng explore how increasing women's representation can drive encourage more women to pursue a career in tax and offer practical advice to...

Navigating assessed losses: Where do we stand?
Tax & Exchange Control

Navigating assessed losses: Where do we stand?

The assessed loss provisions contained in sections 20 and 20A of the ITA have been a focal point over the years for both individuals and companies seeking to reduce their taxable income....

Revisions to the definition of “value-shifting arrangement” in the context of group reorganisation transactions

Revisions to the definition of “value-shifting arrangement” in the context of group reorganisation transactions

The notion of shifting value between shareholders of a company is generally a concern of revenue authorities in that, once a value shift takes place, one shareholder receives the benefit...

Amending the connected persons  definition in relation to partnerships

Amending the connected persons definition in relation to partnerships

The “ connected person ” definition contained in section 1 of the ITA is one of the most important sections that impacts income tax since various tax provisions, anti-avoidance sections...

Amendments to provisions on third-party backed shares

Amendments to provisions on third-party backed shares

Both sections 8E and 8EA of the ITA are anti-avoidance provisions which effectively deem any dividends received on certain instruments to be income in the hands of the recipient unless,...

The High Court <em>“waives”</em> goodbye to an application for a waiver of minimum distribution requirements for public benefit organisations
Tax & Exchange Control

The High Court “waives” goodbye to an application for a waiver of minimum distribution requirements for public benefit organisations

In the recent case of Tomson N.O and Others v Commissioner for the South African Revenue Service and Another (33918/2021) ZAGPPHC 359 (24 April 2023) the Pretoria High Court heard...

Reviewing a SARS assessment in the High Court: Only if the High Court says so
Tax & Exchange Control

Reviewing a SARS assessment in the High Court: Only if the High Court says so

In the recent Supreme Court of Appeal (SCA) judgment in Commissioner for the South African Revenue Service v Rappa Resources (Pty) Ltd (Case no 1205/2021) ZASCA 28, the South African...

Amendments in relation to purported loopholes in foreign capital participation exemption
Tax & Exchange Control

Amendments in relation to purported loopholes in foreign capital participation exemption

Like many countries South Africa has a “ participation exemption ” which exempts returns in the form of both foreign dividends or foreign capital realised by South African residents,...

Closing a targeted scheme abusing the tax implications inherent to contributed tax capital
Tax & Exchange Control

Closing a targeted scheme abusing the tax implications inherent to contributed tax capital

The “ contributed tax capital ” (CTC) of a company is a notional tax concept that denotes an amount derived from the value of any contribution (typically a subscription price) made...

Restraints on your returns: A recent Tax Court judgment on restraint of trade payments

Restraints on your returns: A recent Tax Court judgment on restraint of trade payments

At their inception, most businesses have nothing but their names on their back and a bit of property to kickstart their operations. As employees join the business and begin contributing...

May SARS widen its scope to investigate and seize? Yes, it’s warranted!
Tax & Exchange Control

May SARS widen its scope to investigate and seize? Yes, it’s warranted!

In the case of Bechan and Another v SARS Customs Investigations Unit and Others (19626/2022) ZAGPPHC 259 (28 April 2022) the High Court was tasked with deciding whether the South African...

An argument that did not age well – High Court rejects taxpayer's request to convert an urgent application into a review

An argument that did not age well – High Court rejects taxpayer's request to convert an urgent application into a review

What happens if you’ve approached the High Court to compel the South African Revenue Service (SARS) to consider your assessment, but then belatedly realise that you have selected the...

Riddle me a refund: An employee tax incentive saga

Riddle me a refund: An employee tax incentive saga

The Employment Tax Incentive Act 26 of 2013 (ETIA) creates a motivation, known as the employment tax incentive (ETI), whereby employees’ tax may be reduced in terms of the formulae...

Revoked! Beware both tax judgments, and courts that do not heed authority
Tax & Exchange Control

Revoked! Beware both tax judgments, and courts that do not heed authority

A revenue authority must be given “teeth” to execute its mandate. One of these “teeth” is found in sections 172 to 174 of the Tax Administration Act 28 of 2011 (TAA).

Process to include crypto assets in the exchange control regulations is under way

Process to include crypto assets in the exchange control regulations is under way

Regulation 10(1)(c) is the overarching provision for South African exchange control as it precludes the export of any capital out of South Africa unless specifically approved by the...

Reflecting on 2021 and navigating 2022
Employment Law

Reflecting on 2021 and navigating 2022

Our Employment Law team hosted their first webinar where they reflected on 2021 and identified key themes for 2022.

CDH Tax & Exchange Control experts recognised among the best in the 2026 ITR World Tax Rankings
Firm News

CDH Tax & Exchange Control experts recognised among the best in the 2026 ITR World Tax Rankings

Our Tax & Exchange Control experts have been recognised among the top professionals in the newly released 2026 ITR World Tax rankings, further cementing our firm’s reputation for excellence...

Navigating assessed losses: Where do we stand?
Tax & Exchange Control

Navigating assessed losses: Where do we stand?

The assessed loss provisions contained in sections 20 and 20A of the ITA have been a focal point over the years for both individuals and companies seeking to reduce their taxable income....

Revisions to the definition of “value-shifting arrangement” in the context of group reorganisation transactions

Revisions to the definition of “value-shifting arrangement” in the context of group reorganisation transactions

The notion of shifting value between shareholders of a company is generally a concern of revenue authorities in that, once a value shift takes place, one shareholder receives the benefit...

Amending the connected persons  definition in relation to partnerships

Amending the connected persons definition in relation to partnerships

The “ connected person ” definition contained in section 1 of the ITA is one of the most important sections that impacts income tax since various tax provisions, anti-avoidance sections...

Amendments to provisions on third-party backed shares

Amendments to provisions on third-party backed shares

Both sections 8E and 8EA of the ITA are anti-avoidance provisions which effectively deem any dividends received on certain instruments to be income in the hands of the recipient unless,...

The High Court <em>“waives”</em> goodbye to an application for a waiver of minimum distribution requirements for public benefit organisations
Tax & Exchange Control

The High Court “waives” goodbye to an application for a waiver of minimum distribution requirements for public benefit organisations

In the recent case of Tomson N.O and Others v Commissioner for the South African Revenue Service and Another (33918/2021) ZAGPPHC 359 (24 April 2023) the Pretoria High Court heard...

Reviewing a SARS assessment in the High Court: Only if the High Court says so
Tax & Exchange Control

Reviewing a SARS assessment in the High Court: Only if the High Court says so

In the recent Supreme Court of Appeal (SCA) judgment in Commissioner for the South African Revenue Service v Rappa Resources (Pty) Ltd (Case no 1205/2021) ZASCA 28, the South African...

Amendments in relation to purported loopholes in foreign capital participation exemption
Tax & Exchange Control

Amendments in relation to purported loopholes in foreign capital participation exemption

Like many countries South Africa has a “ participation exemption ” which exempts returns in the form of both foreign dividends or foreign capital realised by South African residents,...

Closing a targeted scheme abusing the tax implications inherent to contributed tax capital
Tax & Exchange Control

Closing a targeted scheme abusing the tax implications inherent to contributed tax capital

The “ contributed tax capital ” (CTC) of a company is a notional tax concept that denotes an amount derived from the value of any contribution (typically a subscription price) made...

Restraints on your returns: A recent Tax Court judgment on restraint of trade payments

Restraints on your returns: A recent Tax Court judgment on restraint of trade payments

At their inception, most businesses have nothing but their names on their back and a bit of property to kickstart their operations. As employees join the business and begin contributing...

May SARS widen its scope to investigate and seize? Yes, it’s warranted!
Tax & Exchange Control

May SARS widen its scope to investigate and seize? Yes, it’s warranted!

In the case of Bechan and Another v SARS Customs Investigations Unit and Others (19626/2022) ZAGPPHC 259 (28 April 2022) the High Court was tasked with deciding whether the South African...

An argument that did not age well – High Court rejects taxpayer's request to convert an urgent application into a review

An argument that did not age well – High Court rejects taxpayer's request to convert an urgent application into a review

What happens if you’ve approached the High Court to compel the South African Revenue Service (SARS) to consider your assessment, but then belatedly realise that you have selected the...

Riddle me a refund: An employee tax incentive saga

Riddle me a refund: An employee tax incentive saga

The Employment Tax Incentive Act 26 of 2013 (ETIA) creates a motivation, known as the employment tax incentive (ETI), whereby employees’ tax may be reduced in terms of the formulae...

Revoked! Beware both tax judgments, and courts that do not heed authority
Tax & Exchange Control

Revoked! Beware both tax judgments, and courts that do not heed authority

A revenue authority must be given “teeth” to execute its mandate. One of these “teeth” is found in sections 172 to 174 of the Tax Administration Act 28 of 2011 (TAA).

Process to include crypto assets in the exchange control regulations is under way

Process to include crypto assets in the exchange control regulations is under way

Regulation 10(1)(c) is the overarching provision for South African exchange control as it precludes the export of any capital out of South Africa unless specifically approved by the...

From vision to fruition.