Report Back on SAIT's 4th National Tax Conference
20 May 2013
Posted by: Author: Dr Beric Croome
Source: Dr Beric Croome
Starting with a Gala Dinner on Tuesday 14th May
and running until Friday afternoon 17th May 2013, the 4th National Tax
Conference was abuzz with tax talk.
At the Gala dinner South African tax icons,
Aubrey Silke and Dave Meyerowitz, were honoured with posthumous fellowship
awards. In addition, Judge Dennis Davis, Professor Michael Katz and Professor
Duncan Bentley were awarded honorary fellowships for their contribution to
South African and international tax jurisprudence.
The three days of the conference covered topics
such as how to survive a tax audit, the new Tax Administration Act (TAA), SARS
powers of recovery and my favourite topic, Taxpayers' Rights under the new TAA.
I also sat on a panel which included Judge
Dennis Davies, Graham Walker (Altron) and Patrick Mawire (General Electric) -
we discussed how to achieve a proper balance between Taxpayers' Rights and
The most important impression I was left with
was that as the world's economies face more austerity measures, the more
difficult it will become for revenue authorities, including SARS, to collect
taxes. Thus, the importance of adequate tax administration procedures, the
correct implementation of them and a concern for the rights of the taxpayer
become ever more important.
Thank you to Stiaan Klue and the SAIT for an
excellent and informative conference.