Call for submissions: Taxation Laws Amendment Bill and Tax Administration Laws Amendment Bill
National Assembly’s standing committee on Finance has called for written submissions by 14 September 2015.
This is in preparation for Parliament’s public hearing for comment on the 2015 Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill. The hearing is scheduled to take place on the 16th of September.
A presentation held by the National Treasury and SARS on 4 August 2015 provided a summary of the proposed amendments, and reiterated that most of the proposed changes reflect the 2015 Budget Speech, but that some proposals made by the Minister of Finance have fallen away or have been postponed after consultation.
The presentation can be found here, courtesy of Legal Brief.