The Davis Tax Committee
website has just been launched. The
website address is www.taxcom.org.za and it can be used to keep track of the
work done by the Committee.
Despite the fact that there are only three sub-committees in operation at the moment i.e. small business, tax base and tax mix (Macro) and BEPS, the Committee welcomes all submissions and information with regard to its Terms of Reference, even if the relevant sub-committees have not yet been formed. SAIT has provided the Committee with input on the above three areas already and will now be focusing on consolidating submissions on the mining issues relating to the Commissions terms of reference. Any persons wishing to have their views included in this submission (or any other submission) can be sent to email@example.com.
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.