Tax Bills Propose Additional Exit Tax Under New Section 9HC
When ceasing their South African tax residency, taxpayers are subject to an ‘exit tax’ which forms part of the emigration process.
When ceasing their South African tax residency, taxpayers are subject to an ‘exit tax’ which forms part of the emigration process.
Most taxpayers find themselves on edge when submitting their returns for the current tax filing season. The reason for the underlying tension could have a lot to do with how they perceive SARS.
The Tax Court has again confirmed that there is no safety for taxpayers in relying on their auditor’s views to justify a tax position adopted.