Print Page   |   Report Abuse
News & Press: Transfer Pricing & International Tax

BPR 192: Cross border interest-free loan and withholding tax on interest

28 May 2015   (0 Comments)
Posted by: Author: SARS
Share |

Author: SARS

This ruling deals with the question as to whether an adjustment made to taxable income or tax payable under section 31 can trigger withholding tax on interest levied under section 50B read with section 50E of the Act.

Please click here to access BPR192 (26 May 2015). 


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.

Membership Management Software Powered by YourMembership  ::  Legal