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"No Rulings List" for purposes of Advance Tax Rulings

15 December 2011   (0 Comments)
Posted by: SAIT Technical
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NO RULINGS LIST FOR PURPOSES OF ADVANCE TAX RULINGS

The Advance Tax Ruling System, provided for in Part IA of Chapter III of the Income Tax Act, No. 58 of 1962 (the Act), enables the Commissioner to issue rulings on proposed transactions.

Section 76(G)(3) of the Act authorises the Commissioner to publish a list of issues for which applications for advance tax rulings may be rejected. This No Rulings List is supplementary to the exclusions, refusals and rejections contained in section 76G(1) and (2), and apply to the following issues:

To access the list, click here


 

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