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Interpretation Note No: 68 (Issue 2) : Provisions of the TAA that did not commence on 1 October 2012

05 April 2013   (0 Comments)
Posted by: Author: SARS Legal & Policy
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Source: SARS Legal and Policy

SARS issued Interpretation Note No 68 (Issue 2) on 7 February 2013.

On 1 October 2012 the Tax Administration Act came into operation except for certain provisions relating to interest. This Note provides guidance on the identification of those interest provisions which have not come into operation. 

Issue 1 of this Note omitted to include sections 64B(9) and 64K(6) of the Income Tax Act No. 58 of 1962 in Annexure B. This oversight has been corrected. 

Please click here to download IN 68 (Issue 2).


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.


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.

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