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

Notices

Public Notice Listing Arrangements for Purposes of Sections 35(2) and 36(4) of the Tax Administration Act, 2011 (Act No. 28 of 2011)

3. Excluded arrangements under section 36(4) of the Tax Administration Act, 2011
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3.1An arrangement referred to in section 35(1) of the Tax Administration Act, 2011, is an excluded arrangement if the aggregate tax benefit which is or may be derived from that arrangement by all participants to that arrangement does not exceed R5 million.

 

3.2An arrangement referred to in section 35(1)(c) of the Tax Administration Act, 2011, is an excluded arrangement if the tax benefit which is or will be derived or is assumed to be derived from that arrangement is not the main or one of the main benefits of that arrangement.