This document seeks to provide a high-level model and draft legislative framework for an advance pricing agreement (APA) unit and associated processes at SARS and the introduction of an APA programme in South Africa.
Comments may be submitted by close of business on 31 January 2022 to [email protected].
|Advance Tax Rulings System (Invitation for Comment)|
|Discussion Paper on Advance Pricing Agreements|
On 9 April 2020, National Treasury issued a media statement extending the submission date for public comments of the following 2020 tax proposals, “Tax Treatment of Excessive Debt Financing, Interest Deductions and Other Financial Payments” from 17 April 2020 to 29 May 2020. Due to the subsequent postponement of the implementation of the effective date of this proposal from 1 January 2021 to 1 January 2022, the deadline for submission of public comments is hereby further extended from 29 May to 30 September 2020. The due date for comments in respect of the proposal to introduce export taxes on scrap metal remains as 29 May 2020.
The accompanying note has been updated to reflect an extension to the due date for comments.
|Consultation paper on policy proposals for crypto assets|
|Media statement on the consultation paper on policy proposals for crypto assets|
|Discussion paper on the review of the diesel fuel tax refund system|
|Media statement on the publication of the discussion document on the review of the diesel fuel tax refund system|
|Discussion Paper on the Review of the Taxation of Alcoholic Beverages in South Africa|
|Discussion Paper on the VAT Treatment of Loyalty Programmes|
|Physical impairment and disability expenses and criteria for diagnosis of disability|
|Proposed Policy resulting from non-compliance with section 11(3) to the Value-Added Tax Act, 1991|
|Deemed income tax deductions for international subsistence expenses|
|Recognition of produce held by wine farmers in a pool|
|Tax avoidance and section 103 of the Income Tax Act, 1962|
|Tax Treatment of Securitisation|
|Regulating tax practitioners|
|A proposed system for Advance Tax Rulings|