Tax Administration Act, 2011 (Act No. 28 of 2011)NoticesDuty to Keep the Records, Books of Account or Documents in terms of Section 29 and in the form in terms of Section 30 of the Tax Administration Act, 2011 (Act No. 28 of 2011)3. Form of records, books of account or documents |
A reporting financial institution must keep and retain the records, books of account or documents referred to in paragraph 2 above—
| (a) | in accordance with any due diligence procedure required under the intergovernmental agreement as further specified in the BRS: FATCA AEOI return; and |
| (b) | in the form set out in the intergovernmental agreement as further specified in the BRS: FATCA AEOI return |