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BGR 13: Calculation of VAT for certain betting transactions

22 March 2013   (0 Comments)
Posted by: Herman van Dyk
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By SARS Legal & Policy

Binding General Ruling (BGR) 13 was issued by SARS on 22 March 2013.

This BGR reproduces paragraph 4.2.1 of Interpretation Note No. 41 (Issue 2) "Application of VAT to the Gambling Industry” dated 31 March 2008, which comprises a BGR under section 89 of the TA Act.

The Note deals with the VAT implications of specific transactions in the gambling industry. This BGR updates references to section 76P of the Income Tax Act, No. 58 of 1962 with references to the TA Act and incorporates subsequent amendments to sections of the VAT Act.

Please click here to download BGR 13.



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