On 18 December 2014, a discussion draft was released on Action 4 (Interest Deductions and other Financial Payments) of the BEPS Action Plan.
As part of the transparent and inclusive consultation process mandated by the Action Plan, the Committee on Fiscal Affairs (CFA) invited interested parties to send written comments on this discussion draft which will be discussed at the public consultation.
The OECD is grateful to commentators for the input received which will be discussed during this public consultation.
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.