This ruling deals with whether the transferee company will be entitled to claim the section 13quin allowance for the commercial buildings on the property that will be transferred to it by way of an intragroup transaction.
Please click here to view ruling (14 August 2012).
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.