Paragraph 20(2) of the Eighth Schedule; whether profit on sale of shares were revenue or capital; purchase and resale of goods; treatment of other expenditure such as equity kicker and indemnity payment.
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.