“Tax Administration Act” means the Tax Administration Act, 2011(Act 28 of 2011);
[Definition of “Tax Administration Act” inserted by section 11(c) of Act 33 of 2019]
Author: admin_kmos
“Export duty” definition of section 1 of Customs Act
“export duty” means any duty leviable under Part 6 of Schedule No. 1 on goods exported from the Republic;
[Definition of “export duty” inserted by section 11(a) of Act 33 of 2019]
“Carbon Tax Act” definition of section 1 of Customs Act
“Carbon Tax Act” means an Act of Parliament that makes provision for a carbon tax;
[Definition of “Carbon Tax Act” inserted by section 20 read with Sch. 3 of Act 15 of 2019]
Paragraph 2D (Second Schedule) – Lump sum benefit under control of administrator
2D. Any lump sum benefit, or part thereof, received by or accrued to a person subsequent to the person’s retirement, death, withdrawal or resignation from any pension fund, pension preservation fund, provident fund, provident preservation fund or retirement annuity fund held by or under the control of an administrator, as defined in section 1(1) of the Pension Funds Act, in consequence of an event prescribed by the Minister by notice in the Gazette shall not constitute gross income of that person.
[Paragraph 2D inserted by section 49 of Act 34 of 2019]
“Branch policy” definition of section 28 of ITA
(1) For the purposes of this section-
“branch policy” means a policy contemplated in paragraph (c) of the definition of “shortterm policy” that is also a longterm policy as defined in section 1 of the Longterm Insurance Act;
[Definition of “branch policy” inserted by section 33(1)(a) of Act 34 of 2019]
“Issue price” definition of section 8E of ITA
“issue price” in relation to a share in a company means the amount that was received by or that accrued to that company in respect of the issue of that share;
[Definition of “issue price” inserted by section 8(1)(d) of Act 34 of 2019 deemed effective on 21 July, 2019 and applicable in respect of years of assessment ending on or after that date]