24 June 2021

SARS:

The South African Revenue Service (SARS) has begun to destroy more than 2000 master boxes of illicit cigarettes with potential protected revenue estimated at R17.4 Million in Pretoria today. For the detail, see the media release: SARS destroys illicit cigarettes valued at R17 million.
Tax Administration Act, 2011: Updated list relating to the jurisdictions contemplated in Article 2(2)(ii)(b) of the regulations specifying the Country-by-Country Reporting Standard for Multinational Enterprises (MNEs)
The Registration, Amendments and Verification (RAV01) form enables Individuals, Tax Practitioners and Registered Representatives to view and maintain legal entity registration (demographic and specific tax type) details on eFiling. The Registration Amendment and Verification form (RAV01) has been converted from Adobe Flex to HTML5 format for better user experience and compatibility. For more information, see the Guide on to complete the Registration, Amendments and Verification form (RAV01).

Customs & Excise Act, 1964: The rule amendment notice scheduled for publication in the Government Gazette, relates to the amendment to rules under sections 59A, 60 and 120 – Electronic submission of applications for registration and licensing (DAR217) (with retrospective effect from 25 June 2021), Publication details will be made available on 2 July 2021
The list of borders and ports on the Customs & Excise webpage is updated daily with changes. Please keep an eye on the Customs & Excise landing webpage for the latest changes.
The latest Tax Practitioner newsletter has been published with information on how to prepare for the Personal Income Tax and Trusts Filing Season 2021, the latest self-service offerings and more. See the newsletter here.

Income Tax Act, 1962: Guide on the Determination of Medical Tax Credits (Issue 12)
Non-resident applicants cannot apply for a tax compliance status (TCS), if they are no longer registered on the SARS registered database. Applications for a TCS by non-residents who are deregistered from the SARS registered database need to obtain a Manual Letter of Compliance to transfer of funds where they receive:

an inheritance or life insurance policy (Excluding lump sum benefits from pension preservation, provident preservation, retirement annuity funds and annuities from insurers) above R 10 million; or
a distribution from a South African Trust as a beneficiary, irrespective of the amount.

To submit a request with the necessary supporting documents, please email MLCA@sars.gov.za. This mailbox is solely designated for such applications and should not be used otherwise. For more information, see Supporting documents for Emigration.

Customs & Excise Act, 1964: The tariff amendment notice, scheduled for publication in the Government Gazette, relates to the amendments to –

Part 1 of Schedule No. 3, by the insertion of rebate item 310.01/2815.12/09.06 in order to create a rebate provision for Sodium Hydroxide (Caustic Soda) in aqueous solution for the manufacture of semi-chemical fluting paper – ITAC Report No. 617.

Publication details will be made available later

Customs & Excise Act, 1964: Correction Notice R531 in Government Gazette 44716 correcting Rule Amendment Notice R525 in Government Gazette 44705 of 14 June 2021 (DAR216)

Binding Class Ruling (BCR) 077 – Capital gains tax consequences of in specie distribution by company to its shareholders
Binding Private Rulings (BPRs)
- BPR 366 – Distribution in specie of shares
- BPR 365 – Interpretation and application of the de-grouping provision in section 45(4)(b)

TREASURY:

SAFLII: