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Issue 2 of Interpretation Note 29 Farming Operations: equalised tax rates

Tuesday, 19 February 2013   (0 Comments)
Posted by: SAIT Technical
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 By SARS Legal & Policy

Issue 2 of Interpretation Note 29 was issued by SARS today (19 February 2013).

This Note provides guidelines with regard to the method applied in the calculation of the rating amount applicable to farmers who elected that their tax be calculated at equalised rates of tax under paragraph 19(5) of the First Schedule to the Act.

This Note replaces Issue 1 that was published on 30 March 2005.

Please click here to download Issue 2 of IN 29.



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