49F.     Payment and recovery of tax

(1)     If, in terms of section 49C, a foreign person is liable for any amount of withholding tax on royalties in respect of any amount of royalties that is paid to or for the benefit of the foreign person, that foreign person must pay that amount of withholding tax and submit a return by the last day of the month following the month during which the royalty is paid, unless the tax has been paid by any other person.

[Subsection (1) substituted by section 62(1) of Act 43 of 2014 and by section 3 of Act 21 of 2021]

(2)     Any person that withholds any withholding tax on royalties in terms of section 49E must submit a return and pay the tax to the Commissioner by the last day of the month following the month during which the royalty is paid.

[Subsection (2) substituted by section 62 of Act 43 of 2014 effective on 1 January 2015]