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

CUSTOMS AND EXCISE ACT, 1964 AMENDMENT OF RULES (DAR 211)

Under sections 59A, 60 and 120 of the Customs and Excise Act, 1964, the rules published in Government Notice R.1874 of 8 December 1995 are amended to the extent set out in the Schedule hereto with effect from 23 April 2021.

ANNEXURE DA 185.4A11
ANNEXURE DA 185.4B3

TAX CASES

ABC (Pty) Ltd v Commissioner for the South African Revenue Service (0085/2019) [2020] ZATC 19 (1 September 2020)
ABC (Pty) Ltd v Commissioner for the South African Revenue Service (IT 14305) [2021] ZATC 1 (7 January 2021)
ABC Limited v Comissioner for the South African Revenue Service (14302) [2020] ZATC 18 (31 August 2020)

Legislative & Policy
(National Treasury & Parliament)

Invitation to South African Institutions of Higher Learning to participate In the 2021 Budget Outreach Initiative
Treasury
3138 22-01 TenderBulletin

AIDS HELPLINE: 0800-123-22 Prevention is the cure Government Tender Bulletin REPUBLIC OF SOUTH AFRICA N.B. The Government Printing Works will not be held responsible for the quality of “Hard Copies” or

requirements (e.g. have a valid tax clearance certificate and be in

...

Rentia Janse Van Niewenhuizen
44080 20-1 Tax Administration Laws Amend Act 24 of 2020

Act No. 24 of 2020: Tax Administration Laws Amendment Act, 2020 Wet

textual corrections; ● amend the Income Tax Act, 1962, so as to

to align situations where withholding tax on royalties was due and

with that of withholding tax on interest; to provide that...

Rentia Janse Van Niewenhuizen

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

​14 August 2020



Next due date for comments :

SARS
​21 August 2020 New!



Next due date for comments :

SARS
​31 August 2020 New!



Next due date for comments :

SARS

International and Regional News
(OECD and ATAF)

OECD to release Taxing Wages 2021 on Thursday 29 April 2021

Taxing Wages 2021, the OECD’s annual flagship publication on the various taxes levied on wages and salaries in OECD countries, will be released on Thursday 29 April at 11:00 CEST (09:00 GMT).

Digital platforms have an important role to play in value added tax policy in the sharing and gig economy

Digital platforms can play an important role in the application of Value Added Taxes/Goods and Services Taxes policies in the sharing and gig economy, according to a new OECD report.

Release of Revenue Statistics in Latin America and the Caribbean 2021 on Thursday, 22 April 2021

The report provides an overview of the main taxation trends from 1990 to 2019 in 27 Latin American and Caribbean economies. This edition includes two special features: fiscal policy responses to the COVID-19 pandemic and the performance of hydrocarbon and mining revenues in 2019 and 2020.

CPD Events

PROFESSIONAL INSIGHT

Cost of capital: 2021 outlook

Join a conference call among a group of project finance industry veterans about what to expect in the year ahead for tax equity, bank and term loan B debt and project bonds.

Canada to increase carbon taxes by 566%

The Canadian federal government recently announced that the carbon tax will increase from its current $30 per tonne of greenhouse gas (GHG) emissions to $170 per tonne in 2030 – an increase of 566% over 10 years.

Real Estate Focus: November 2020

In this edition, we take a look at a Supreme Court decision on the enforceability of a restrictive covenant; real estate tax developments; the latest on “right to rent” checks; and the meaning of “vacant possession”.

Machine versus the tax man: AI inventors and the research tax credit

On July 29, 2019, the U.S. Patent and Trademark Office received two patent applications: one for a light beacon that flashes in a unique manner to attract attention, and the other for a beverage container based on fractal geometry.

Luxembourg Government publishes 2021 Budget bill

Increased taxation of the domestic real estate funds market and extended access to employees incentive plans (while maintaining standard corporate tax and progressive income tax rates) are among changes introduced in the Luxembourg Government’s 2021 Budget bill n°7666 (the “2021 Budget”).

Global Tax Outlook 2020: The changing face of tax

Brussels, 5 October 2020 – Across the globe, tax leaders face unprecedented change and transition, as they respond to pressures both internal and external to the business. Businesses are facing key challenges in relation to their tax affairs and evolving the focus of their activity.

Lindy Steyn
Global Tax Outlook 2020 : The Changing Face of Tax

Brussels, 5 October 2020 – Across the globe, tax leaders face unprecedented change and transition, as they respond to pressures both internal and external to the business. Businesses are facing key challenges in relation to their tax affairs and evolving the focus of their activity.

Lindy Steyn
UNEXPECTED TAX RELIEF FOR EXPATRIATES “STUCK” IN SOUTH AFRICA

South African expatriates who were unable to leave South Africa on account of the lockdown will be relieved to learn that the requirements of the foreign employment exemption (Section10(1)(o)(ii)) will be relaxed. On 13 October 2020, National Treasury and SARS published their draft Response Document on the latest tax Bills, wherein the unexpected proposal was made to reduce the number of days expatriates have to be outside South Africa to qualify for the exemption.

Tax – Do not overlook this critical component in an international restructuring solution

Uncertainty has gripped 2020 with financial pressures being felt by a wide range of businesses.

Tax News In The Press

Notice R328 GG44428 Rules under sections 54AA and 120 Carbon tax environmental levy account 9 April 2021
South African Companies Scramble to Comply With the New Carbon Tax

[Daily Maverick] Companies emit more greenhouse gases than they should because they can. South Africa's new(ish) carbon tax system puts a price on carbon that will hopefully bring emissions down.

Daily Maverick
National Treasury On Its E-Tender Portal Technical Difficulties

[Govt of SA] The National Treasury e-Tender Portal is currently experiencing technical difficulties. The ICT server infrastructure that hosts the e-Tender portal suffered a crash caused by a technical failure. This resulted in data corruption leading to the unavailability of the site. Technicians have been hard at work to solve the problem. Updates will be provided on progress and it is expected to be resolved as a matter of priority.

Govt of SA
National Treasury Resolving E-Tender Portal Crash

[SAnews.gov.za] National Treasury says its technicians are working around the clock to solve a technical problem that saw its e-Tender portal experience technical difficulties.

SAnews.gov.za
PSG's Think Big Series to Feature Judge Dennis Davis and Western Cape Premier, Alan Winde, Among More Top Speakers

[Daily Maverick] PSG has added to its impressive line-up of bigger picture thinkers, taking part in its 2021 Think Big webinar series. On 13 April, Judge Dennis Davis will gear his gavel towards tax consequences in our country, as South Africa's shrinking tax base remains a source of concern. The challenges are huge but finding sustainable tax solutions will be key to the economic outcomes we achieve.

Daily Maverick
SARS Covid Collection - Taxman Collects R38 Billion More Than Budget Forecast

[Daily Maverick] The South African Revenue Service collected just more than R1.25-trillion for the financial year that ended at midnight on Wednesday, 31 March, according to its preliminary estimates. That is 7.8% less than it collected in the 2019/20 financial year, but it is R38bn more than the Budget forecast.

Daily Maverick