Income Tax Act, 1962 (Act No. 58 of 1962)

Chapter II : The Taxes

Part IIIA : Taxation of foreign entertainers and sportspersons

47J. Currency of payments made to Commissioner
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If an amount deducted or withheld by a resident in terms of section 47D is denominated in any currency other than the currency of the Republic, the amount so deducted or withheld and paid to the Commissioner must be translated to the currency of the Republic at the spot rate on the date on which that amount was so deducted or withheld.