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Category: SARS Income Tax Interpretation Notes

Interpretation Note 122 (IN122) – Public benefit activity (PBA): Bid to host or hosting of any international event (Paragraph 11(b) in Part I of Ninth Schedule)

Posted on September 23, 2022 by admin_kmos
Posted in Interpretation Note 122 (IN122) - Public benefit activity (PBA): Bid to host or hosting of any international event (Paragraph 11(b) in Part I of Ninth Schedule)

Interpretation Note 121 (IN121) – Deduction of medical lump sum payments (Section 12M)

Posted on September 23, 2022 by admin_kmos
Posted in Interpretation Note 121 (IN121) - Deduction of medical lump sum payments (Section 12M)

Interpretation Note 120 (IN120) – Prohibition of deductions in respect of certain intellectual property (Section 23I)

Posted on May 27, 2022 by admin_kmos
Posted in Interpretation Note 120 (IN120) - Prohibition of deductions in respect of certain intellectual property (Section 23I)

Interpretation Note 119 (IN119) (v2) – Deductions in respect of improvements to land or buildings not owned by a taxpayer (Sections 12N, 12NA of ITA)

Posted on May 27, 2022January 3, 2026 by admin_kmos
Posted in Interpretation Note 119 (IN119) (v2) - Deductions in respect of improvements to land or buildings not owned by a taxpayer (Sections 12N, 12NA of ITA)

Interpretation Note 114 (IN114) – Interaction between section 25B(1) and section 7(8) in case of conflict, inconsistency or incompatibility

Posted on July 25, 2021 by admin_kmos
Posted in Interpretation Note 114 (IN114) - Interaction between section 25B(1) and section 7(8) in case of conflict, inconsistency or incompatibility

Interpretation Note 13 (IN13) (v3) – Deductions: Limitation of deductions for employees and office holders (Section 23(m))

Posted on July 25, 2021 by admin_kmos
Posted in Interpretation Note 13 (IN13) (v3) - Deductions: Limitation of deductions for employees and office holders (Section 23(m))

Interpretation Note 115 (IN115) – Withholding tax on interest (Sections 50A to 50H)

Posted on July 25, 2021 by admin_kmos
Posted in Interpretation Note 115 (IN115) - Withholding tax on interest (Sections 50A to 50H)

Interpretation Note 116 (IN116) – Withholding tax on royalties (Sections 49A to 49H)

Posted on July 25, 2021 by admin_kmos
Posted in Interpretation Note 116 (IN116) - Withholding tax on royalties (Sections 49A to 49H)

Interpretation Note 117 (IN117) – Taxation of the receipt of deposits (“Gross income” definition)

Posted on July 25, 2021 by admin_kmos
Posted in Interpretation Note 117 (IN117) - Taxation of the receipt of deposits ("Gross income" definition)

Interpretation Note 16 (IN16) – Exemption from Income Tax: Foreign Employment Income

Posted on May 5, 2021 by admin_kmos
Posted in Interpretation Note 16 (IN16) (v4) - Exemption from Income Tax: Foreign Employment Income

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