Following a process involving the release of draft Bills, workshops withstakeholders and opportunities for written submissions, which stretched forover two years, the Tax Administration Bill was introduced in the NationalA ssembly on 23 June 2011. The Standing Committee on Finance wasformally briefed on the Bill on 2 August 2011. Public comments, togetherwith an opinion by SARS’s independent counsel on the constitutionality ofthe Bill – as offered during the course of the formal briefing, were presented at hearings held on 16 and 17 August 2011.
The final response document was released by SARS. To access the document, click here
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.