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Status summary of all VAT mutual administrative assistance agreements

28 October 2014   (0 Comments)
Posted by: Author: SARS
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Authors: SARS

SARS has provided a summary of all VAT Mutual Administrative Assistance Agreements.

The purpose of the agreements regarding mutual administrative assistance between the Revenue authorities of two different countries is to -

  • enable the authorities to exchange information
  • provide each other with technical assistance
  • undertake surveillance and investigations together, with, and on behalf of each other
  • co-operate with each other in order to enhance the efficiency of their operations
Please click here to access a summary of all these agreements, whether in the process of negotiation or finalised, signed but not ratified, ratified in South Africa only or those in force.

WHY REGISTER WITH SAIT?

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.

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