Tax Administration Act, 2011 (Act No. 28 of 2011)

In this Part, unless the context indicates otherwise, the following term, if in single quotation marks, has the following meaning:

"default"

means the submission of inaccurate or incomplete information to SARS, or the failure to submit information or the adoption of a "tax position", where such submission, non-submission, or adoption resulted in an understatement

[Definition substituted by section 64 of the Tax Administration Laws Amendment Act, 2015 (Act No. 23 of 2015)]