31 July 2023 – National Legislation: National Treasury and SARS publish the following documents for public comment:
- Media Statement – Publication of the 2023 Draft Tax Bills and Regulations
- 2023 draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill
- 2023 draft Taxation Laws Amendment Bill
- Draft Explanatory Memorandum on the 2023 draft TLAB;
- 2023 draft Tax Administration Laws Amendment Bill
- Draft Memorandum on the Objects of the 2023 draft TALAB for public comment and introduction in Parliament
- Draft amendments to Regulations in terms of paragraph (d) of the definition of “Research and Development” in section 11D(1) of the Income Tax Act, 1962, on additional criteria for multisource pharmaceutical products
- Draft amendments to Regulations in terms of paragraph (e) of the definition of “Research and Development” in section 11D(1) of the Income Tax Act, 1962, on criteria for clinical trials in respect of deduction for research and development
- Draft amendments to Regulations on domestic reverse charge relating to valuable metal in terms of 74(2) of the Value-Added Tax Act, 1991 (the VAT Act)
- Draft Explanatory Memorandum on domestic reverse charge relating to valuable metal in terms of 74(2) of the VAT Act
- Draft amendments on Carbon Offsets Regulations
Due date for comment: 31 August 2023
