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Call for comment: Draft Interpretation Note on the determination of ‘group of companies`

12 March 2013   (0 Comments)
Posted by: SARS communications
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SARS issued a Draft Interpretation Note on the determination of ‘group of companies` for purposes of the corporate rules in Part III of Chapter II for public comment which can be found here.

This Note provides guidance on the interaction of the definitions of a "group of companies” contained in sections 1(1) and 41(1).

SAIT will be making a submission to SARS. Kindly provide your comments by email to taxtech@thesait.org.za by no later than 27 April 2013.


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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.

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