SARS has released a Draft Binding General Ruling (BGR) on the interpretation of the statement "condition in which that mineral resource was extracted”. This BGR provides clarity on the interpretation of the statement "condition in which that mineral resource was extracted” referred to in section 6A(1)(b) of the Mineral Petroleum Resources Development Act No. 28 of 2008.
Please click here to view ruling (27 November 2015).
Depending on the quality feedback received, SAIT will be making a submission to SARS. Kindly submit all comments to firstname.lastname@example.org by no later than 6 January 2016.
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.