Home

SAIT Trending Topics

FEATURED EVENT: 8th Annual Africa Transfer Pricing Summit 2019

SAIT, in partnership with The Tax Faculty and The African Tax Administration Forum, is proud to present its 8th annual summit on transfer pricing from a regional perspective.

Tax Conference
eFiling updates

Updates on technical issues encountered on eFiling, with feedback from SARS and SAIT.

Tax Administration & Interpretation
(SARS and Office of the Tax Ombud)

Guide for Completion and Submission of Employees Tax Certificates 2020
Guide for Validation Rules Applicable to Reconciliation Declarations 2020
Guide for Codes Applicable to Employees Tax Certificates 2020

TAX CASES

Mark Roy Lifman,The Close Corporations, Companies and Trusts vs C:SARS (Case Number: 22820/2016)

This is an application to stay the execution process commenced pursuant to taxes raised following the late filing of VAT and tax returns, and a section 50 enquiry - Tax Administration Act, 28 of 2011.

SAFLII
Benhaus Mining (Pty) Ltd v CSARS - 22 March 2019

A company that excavates ground and digs up mineral-bearing ore for a fee on delivery to another entity that processes the ore, undertakes mining operations within the meaning of ss 1 and 15(a) of the Income Tax Act 58 of 1968. It is thus entitled to claim deductions of the full amount of capital expenditure on mining equipment in the tax year in which it is incurred, in terms of s 36(7C) of the Act

SARS Court Cases
ABC Company v The Commissioner of SARS (IT 14106) (31 January 2019)

Whether the taxpayer was entitled to be a PBO and be allowed a tax exemption in terms of section 10(1).

SARS Court Cases

Legislative & Policy
(National Treasury & Parliament)

Media Statement - Confirmation of MTBPS date
Treasury
Advisory - Interacting with the Ministry of Finance
Treasury
Media Advisory - Interacting with the Ministry of Finance
Treasury

Call For Comment
SAIT member comments can be directed to taxpolicyadmin@thesait.org.za

​10 October 2019



Next due date for comments :

SARS
​15 November 2019



Next due date for comments :

SARS
​30 November 2019 New!



Next due date for comments :

SARS

International and Regional News
(OECD and ATAF)

Taxes on polluting fuels are too low to encourage a shift to low-carbon alternatives

Taxing polluting sources of energy is an effective way to curb emissions that harm the planet and human health, and the income generated can be used to ease the low-carbon transition for vulnerable households. Yet 70% of energy-related CO2 emissions from advanced and emerging economies are entirely untaxed, offering little incentive to move to cleaner energy, according to a new OECD report.

Tax Inspectors Without Borders to release its Annual Report 2018/19 on Tuesday 24 September 2019

TIWB will release its Annual Report 2018/19 on Tuesday, 24 September 2019 at 12:00 EST/18:00 CEST.

OECD releases latest dispute resolution statistics at its first Tax Certainty Day

The 2018 MAP statistics cover 89 jurisdictions and almost all MAP cases worldwide. They contain detailed information on each jurisdiction as well as aggregated global information.

CPD Events

PROFESSIONAL INSIGHT

Five steps towards building the tax function of tomorrow—today
Deloitte
Streaming series | Tax consequences of mine streaming

Tax consequences of mine streaming

Staying ahead of the curve

Norton Rose Fulbright is delighted to invite you to our annual seminar for charities, foundations, not-for-profit and tax-exempt organizations.

Revenu Québec announces extended deadline of mandatory disclosure of nominee agreements in Quebec

On May 17, 2019, in Information Bulletin 2019-5, the Quebec Ministry of Finance announced that it would now be mandatory to disclose to Revenu Québec nominee agreements that have tax consequences by filing an information return.

The Singapore Convention on Mediation

Mediation is a flexible dispute resolution process, whereby a neutral, third party mediator helps guide the parties in a dispute towards their own resolution.

What the new carbon tax means for SA industry
Deloitte
Warranty and indemnity insurance in South Africa’s M&A environment

Warranty and indemnity (W&I) insurance provides cover for losses arising from a breach of a warranty and claims under a tax indemnity arising from a merger or acquisition (M&A) contract.

DAC 6: UK implementation of the new EU tax disclosure rules

DAC 6 imposes mandatory reporting of cross-border arrangements affecting at least one EU member state where the arrangements fall within one of a number of “hallmarks”.

29/07/19 VAT Alert - VAT treatment of foreign donor funded projects On 22 July, the Draft Taxation Laws Amendment Bill, 2019, was released for public comment and contains proposed amendments VAT treatment of foreign donor funded projects. Download P...
PWC

Tax News In The Press

BPR 327 Tax implications of a group restructuring
Draft BGR on determination of the threshold for applying the higher rate of donation tax
17 September 2019 - SARS Commissioner determined to act on Nugent report
13 September 2019 - SARS response to gender-based violence and violence in general
Draft Amendments Sch1P1 carbon emissions tax
Draft Amendments Sch6P6 rebates and refunds on carbon tax