DECEMBER 2012 TAX NEWSLETTER

Friday, December 14, 2012
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In a previous newsletter we stated that the National Treasury and South African Revenue Service had been busy during 2011 and the first quarter of 2012. This trend continued in 2012. Draft Bills were released in July 2012 and Treasury conducted several workshops with stakeholders. The Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill were released 26 October 2012 and were passed by Parliament. They will become law as soon as the President has signed them..

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