The Confédération Fiscale
Européenne (CFE), an umbrella organisation representing the tax profession in
Europe, has submitted a proposal to the OECD on how the framework for voluntary
disclosure can be improved.
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.