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BPR113 - Expenditure Associated with Broad Based Black Economic Empowerment

20 March 2012   (0 Comments)
Posted by: SAIT Technical
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BINDING PRIVATE RULING: BPR 113

DATE: 15 March 2012

ACT : INCOME TAX ACT, NO. 58 OF 1962 (the Act)

SECTION : SECTIONS 11(a), 23(g) and 23H

SUBJECT : EXPENDITURE ASSOCIATED WITH BROAD BASED BLACKECONOMIC EMPOWERMENT

Summary

This ruling deals with the deductibility of expenditure incurred in attainingthe requisite points per the scorecard prescribed in association withBroad Based Black Economic Empowerment.

To access the ruling, click here


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