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CPD EVENT I Customs Series: Controversy in Customs (Full Series)

Movement of goods across the borders of the republic is an integral part of our economy. The customs environment is constantly changing and staying up-to-date with these changes are crucial.

 

Tuesday, October 6, 2020
The Tax Faculty
TaxTalk digital magazine

Please note that due to lockdown regulations on printing and distribution services, TaxTalk has stopped production of its print magazine until further notice. Members and subscribers will continue to receive the bimonthly magazine in digital format. Click here to access the latest edition.  

 

Tuesday, May 19, 2020

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

Notice R1265 GG43935 24 hour operation at ports of entry - 27 November 2020
Friday, November 27, 2020
City Power (SOC) Limited v CSARS (1147/2019) [2020] ZASCA 150 (20 November 2020)
Thursday, November 26, 2020
Mat Chem CC v CSARS (7139/2019) [2020] ZAKZPHC 71 (20 November 2020)
Thursday, November 26, 2020

TAX CASES

XYC CC v Commissioner for the South African Revenue Service (IT14434/2019) [2019] ZATC 10 (28 June 2019)
Friday, January 3, 2020
ABC Proprietary Limited v Commissioner for the South African Revenue Services (14287) [2019] ZATC 9 (12 June 2019)
Friday, January 3, 2020
XYZ CC v Commissioner for the South African Revenue Service (13868) [2019] ZATC 8 (27 February 2019)
Friday, January 3, 2020

Legislative & Policy
(National Treasury & Parliament)

43781 09-10 NationalRegulation

Regulation Gazette No. 10177 Regulasiekoerant N.B. The Government Printing Works will not be held responsible for the quality of “Hard Copies
…
43781 25 R. 1070 Tax Administration Act (28/2011): New Common
…
requirements (e.g. have a valid tax clearance certificate and be in
…
...

Friday, October 9, 2020
Rentia Janse Van Niewenhuizen
Speech by Director-General Dondo Mogajane at the virtual launch of the Auditor-General SA’s Preventative Control Guides
Tuesday, September 15, 2020
Treasury
NATIONAL ASSEMBLY PASSES DISASTER MANAGEMENT TAX RELIEF BILL AND DISASTER MANAGEMENT TAX RELIEF ADMINISTRATION BILL

Parliament, Tuesday 25 August 2020 – The National Assembly (NA) has, during its hybrid plenary today, passed the Disaster Management Tax Relief Bill and the Disaster Management Tax Relief Administration Bill.

Tuesday, August 25, 2020

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

​11 August 2020



Next due date for comments :

Thursday, August 13, 2020
SARS
​14 August 2020



Next due date for comments :

Thursday, August 13, 2020
SARS
​21 August 2020 New!



Next due date for comments :

Thursday, August 13, 2020
SARS
Click here to view all SAIT submissions

International and Regional News
(OECD and ATAF)

Bahrain signs landmark agreement to strengthen its tax treaties

Bahrain has today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 95th jurisdiction to join the Convention, which now covers over 1,700 bilateral tax treaties.

Friday, November 27, 2020
Chile deposits its instrument of ratification for the Multilateral BEPS Convention and other updates

Chile has deposited its instrument of ratification for the MLI, which now covers almost 1700 bilateral tax treaties, thus underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Chile, the MLI will enter into force on 1 March 2021.

Thursday, November 26, 2020
Governments should strike a balance between encouraging philanthropy through tax support and ensuring effective public policy

Governments should continue providing support to the philanthropic sector while taking steps to safeguard tax systems and ensure that the activities of philanthropic organisations continue to align with the public interest, according to a new report from the OECD.

Thursday, November 26, 2020

SAIT PUBLICATIONS

CPD Events

2020 Webinar: Monthly Tax Update - November
View event
Transfer pricing series 2020: The important principles, current challenges and the impact of Covid-19 - Full Series
View event
2020 Practical Q&A with Prof Jackie Arendse - Full series
View event

PROFESSIONAL INSIGHT

Higher estate and gift tax limits for 2020: Time to act is now

This increase is temporary and will sunset on December 31, 2025.

Thursday, October 1, 2020
IRS and global tax enforcers expand war on cryptocurrency fraud: Latest developments increase arsenal

Tax authorities, both domestic and abroad, have been continuously building an arsenal of tools and experts to monitor and audit crypto transactions.

Friday, September 25, 2020
The “CCO”

It is now three years since the corporate criminal offences of failing to prevent facilitation of UK and foreign tax evasion came into effect.

Friday, September 18, 2020
Want to withdraw retirement funds on emigration? Try again in three years - Channelwise

The National Treasury published the Draft Taxation Laws Amendment Bill, 2020 (Draft Tax Bill) for public comment.
By Joon Chong, partner, ...

Monday, September 14, 2020
Webber Wentzel News
Want to withdraw retirement funds on emigration? National Treasury and SARS say try again in 3 years - Business Tech

The National Treasury published the Draft Taxation Laws Amendment Bill, 2020 (Draft Tax Bill) for public comment.

One of the more ...

Sunday, September 13, 2020
Webber Wentzel News
You may want to emigrate...but your money may not be allowed to - MSN South Africa

© Provided by CapeTalk

National Treasury has published the Draft Taxation Laws Amendment Bill for public comment. Much of the talk has ...

Wednesday, September 9, 2020
Webber Wentzel News
You may want to emigrate... but your money may not be allowed to - 947.co.za

one hour ago
National Treasury has published the Draft Taxation Laws Amendment Bill for public comment. Much of the talk has been around ...

Wednesday, September 9, 2020
Webber Wentzel News
Want to withdraw retirement funds on emigration? National Treasury and SARS say try again in 3 years’ time - Media Xpose

by Joon Chong, Partner & Wesley Grimm, Associate at Webber Wentzel
The National Treasury published the Draft Taxation Laws Amendment Bill, ...

Tuesday, September 8, 2020
Webber Wentzel News
Want to withdraw retirement funds on emigration? National Treasury and SARS say try again in 3 years' time - Polity.org.za

The National Treasury published the Draft Taxation Laws Amendment Bill, 2020 (Draft Tax Bill) for public comment. One of the more ...

Tuesday, September 8, 2020
Webber Wentzel News

Tax News In The Press

Covid-19 Corruption - There's Still a Great Deal of It Going Down in Gauteng

[Daily Maverick] It is now common knowledge that the emergency regulations issued by the National Treasury in March 2020 to make it possible to have an expedited response to the Covid-19 crisis opened the floodgates to a wave of corruption, far greater and possibly far more costly than the Covid-19 wave that has officially claimed more than 20,000 lives in South Africa.

Wednesday, November 18, 2020
Daily Maverick
17 November 2020 - SARS reparation process to be conducted with dignity and confidentiality
Tuesday, November 17, 2020
The MTBPS Outlook Is Alarming - Prepare for a Miserable Decade Ahead

[Daily Maverick] We are in such a deep hole that no one can confidently assert that their strategy will generate growth in the short term. What we do know is that SA needs a much more effective Cabinet and senior levels of the civil service, a much greater role for the private sector throughout the economy and considerably more honesty about what has gone wrong.

Tuesday, November 17, 2020
Daily Maverick
17 November 2020 - SARS Commissioner elected vice-chairperson of African tax forum
Tuesday, November 17, 2020
Finding the Money - the Case for Raising the Health Promotion Levy

[spotlight] Finance Minister Tito Mboweni's Midterm Budget Speech highlighted the grim truth that South Africa is facing its deepest recession in recent history. COVID-19 has amplified existing crises in health, economics, politics and the climate. The pandemic brutally exposed inequality fault lines, where access to life-saving equipment depended on whether a person had access to private medical aid or not.

Sunday, November 15, 2020
spotlight
Income Tax Return Deadline Looms

[SAnews.gov.za] Time is running out for individual taxpayers to submit their income tax returns via eFiling and the SARS MobiApp.

Friday, November 13, 2020
SAnews.gov.za