Special or unusual defences or "extenuating circumstances” that may be pleaded for the purposes of remission of penalties in income tax matters
The general meaning of "extenuating circumstances” for the purposes of section 76(2)(a) of the Income Tax Act, No. 58 of 1962, (the "Act”), was discussed by the current author in a previous article in this research journal.Certain defences or pleas and their effect on the level of penalties imposed by the judiciary were also analysed in previous articles in this research journal.These defences and pleas include reliance on a tax advisor, bookkeeper, accountant or member of staff and the conduct of the taxpayer before, during and after committing an offence.
This article specifically examines those special or unusual defences or "extenuating circumstances” that may influence the level of a penalty that is imposed in terms of section 76 of the Act for offences that are committed in terms of that section.
Section 76 of the Income Tax Act, penalties, extenuating circumstances, mitigating circumstances
Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.
MINIMUM REQUIREMENTS TO REGISTER
The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.