Section 12M of the Income Tax Act No. 58 of 1962 allows a normal tax deduction for employers who pay the post-retirement medical contributions by way of lump sum payments on behalf of retired employees. Although a full deduction is granted to the employer for a contribution in terms of ...
Biodiversity conservation tax incentives were inserted into the Income Tax Act 58 of 1962 in terms of the Revenue Laws Amendment Act 60 of 2008 and are now contained in section 37C. The objectives of this study were to quantify the maximum potential revenue loss, to National Treasury, as a ...
"Income Tax Act" means the South African Income Tax Act, No. 58 of 1962; "the Website" means the website located at http://www.taxtim.com , https://www.taxtim.com, http://www.taxtim.co.za and all content found therein, including but not limited to any text, images, computer ...
Until this decision the Commissioner, mostly unsuccessfully, questioned schemes in terms of the general statutory anti-avoidance section, s 103(1) of the Income Tax Act 58 of 1962 (the Act) (see Hicklin v Secretary for Inland Revenue 1980 (1) SA 481 (A)). This created the mistaken ...
Section 80A(c)(ii) of the Income Tax Act 58 of 1962, as amended (the Act), introduced a new concept to the South African income tax environment: misuse or ... van Schalkwyk, L.,B Geldenhuys - 《Meditari Accountancy Research》 被引量: 3发表: 2009年 Pro-Poor Tax Policy Changes in ...
Section 1 of the Income Tax Act, 58 of 1962 (the Income Tax Act) and other related Revenue Acts empower the South African Revenue Service (SARS) to administer the Acts and to collect revenue for the government of the Republic of South Af... MJ Maluleke - 《Sars》 被引量: 0发表: 201...
Capital Gains Tax ("CGT") was introduced with effect from 1 October 2001 by the insertion of section 26A and an Eighth Schedule into the Income Tax Act 58 of 1962, by the Taxation Laws Amendment Act 5 of 2001.Paragraph 40(1) of the Eight Schedule provides that a deceased person must,...
The tax amortisation periods allowed in South Africa are defined in paragraph (o) of Article 11[1] of the Income Tax Act 58 of 1962. Intangible assets: as a general rule, amortisation of intangible assets is not tax deductible. Therefore purchase price should be allocated to tangible assets ...
Section 74D of the Income Tax Act 58 of 1962 ("the Act") granted the power of search and seizure to the South African Revenue Service, the basic underlying... Bovijn,Silke,V Schalkwyk,... - 《Stellenbosch Regstydskrif》 被引量: 2发表: 2012年 Constitutionalising Rights Without a Constit...
Section 35A of the Income Tax Act 58 of 1962 determines whether an amount of tax must be withheld on the sale of immovable property by a non-resident as an... J Roeleveld - 《Accountancy Sa》 被引量: 0发表: 2007年 Two essays on managing innovation. The dissertation consists of two ch...