10 March 2016 South Africa's new reportable arrangement requires urgent action in relation to inbound services In the Government Gazette No. 39650 on February 3, the South African Revenue Service (SARS) issued a notice of a new reportable arrangement under Section 35(2) of the Tax Administration Act 28 of 2011. One such arrangement is inbound services. Taxpayers are obliged to report the designated arrangements within 45 business days of the Notice. As a result, taxpayers should urgently consider whether they fall within the provisions of the new reportable arrangement in relation to inbound services. A Tax Alert prepared by Ernst & Young South Africa, and attached below, provides additional details. Document ID: 2016-0478 |
