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Notices of applications approved by DTI for the section 12I Tax Allowance

Tuesday, 09 June 2015   (0 Comments)
Posted by: Author: SARS
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Author: SARS

SARS released three notices on the applications approved for the section 12I Tax Allowance Programme (8 June 2015).

The notices, in terms of section 12I(19)(d) of the Income Tax Act, publish the decision to approve an application received for the 12I Tax Allowance Programme. The Minister of Trade and Industry has approved applications from the following companies: Air Liquide (Pty) LtdNampak Products Limited and Saldanha Steel (Pty) Ltd.



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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