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BPR 181: Withholding tax on interest in relation to a foreign government

Tuesday, 04 November 2014   (0 Comments)
Posted by: Author: SARS
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Author: SARS

SARS has released BPR181, which deals with the withholding tax on interest arising from loans made by a funding scheme related to a foreign government, to a resident of South Africa.

Please click here to view the ruling.



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.

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