Dries Hoek
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.
About Dries
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.
Credentials
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
Languages
- English
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.
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
Experience
Dries has experience advising South African and international companies on:
- 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
News
Further refinements to the corporate rollover relief provisions
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
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?
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?
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.
Market recognition
- The Legal 500 EMEA 2017, 2018 and 2020 recommended Dries for tax.
Market recognition
- The Legal 500 EMEA 2017, 2018 and 2020 recommended Dries for tax.