On 31 July the South African Revenue Service (SARS) informed of the publication of the draft Taxation Bills, 220 for public comment, which is due on 31 August.
The documents are:
- 2020 Draft Taxation Laws Amendment Bill (TLAB) – 31 July 2020
- 2020 Draft Explanatory Memorandum on the 2020 Draft Taxation Laws Amendment Bill – 31 July 2020
- 2020 Draft Tax Administration Laws Amendment Bill (TALAB ) – 31 July 2020
- 2020 Draft Memorandum on the objects of the 2020 Draft Tax Administration Laws Amendment Bill – 31 July 2020
- 2020 Draft Regulations Prescribing Electronic Service – 31 July 2020
Then, there is also a requirement that the Venture Capital Companies complete the Venture Capital Company (VCC) Survey.
The Media Release is accessible at:
Story by: Riaan de Lange