The Government of the Republic of South Africa have signed a signed an Agreement for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect to taxes on income with the Government of the Hong Kong Special Administrative Region of the People’s Republic of China. The date of publication is 24 November 2015 and the Date of Entry into Force is 20 October 2015. For more information see SARS website.
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.