Print Page   |   Report Abuse
News & Press: SARS News & Tax Administration

Interpretation Note 69: game farming

13 February 2013   (0 Comments)
Posted by: SAIT Technical
Share |

Interpretation Note 69 was issued on 12 February 2013.

This Note –

• provides guidance on the application of selected sections of the Act and paragraphs of the First Schedule to persons carrying on game-farming operations, with its primary focus being the provisions applicable to livestock;

• is not intended to deal with farming in general; and

• replaces Practice Note No. 6 dated 30 July 1999.

Please click here to download IN 69.


WHY REGISTER WITH SAIT?

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.

Membership Management Software Powered by YourMembership  ::  Legal