SARS published status overviews for the Bilateral Tax Information Exchange Agreements( TIEA) with Liberia with effect from 7 July 2013 and the Multilateral Convention on Mutual Administrative Assistance on Tax Matters with effect from 1 March 2013.
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.