Income Tax Act, 1962 (Act No. 58 of 1962)RegulationsRegulations in terms of items (a) and (c) of definition of "determined value" in paragraph 7(1) of Seventh Schedule to Income Tax Act, 1962, on retail market value in respect of right of use of motor vehicleNotice No. R. 362 of 2015 |
Notice No. R. 362
28 April 2015
GG 38744
National Treasury
I, Nhlanhla Musa Nene, Minister of Finance, under items (a) and (c) of the definition of "determined value" in paragraph 7(1) of the Seventh Schedule to the Income Tax Act, 1962 (Act No. 58 of 1962), hereby make the regulations as set out in the Schedule hereto.
Nhlanhla Musa Nene, MP
Minister of Finance