OrbitaxSouth Africa Issues Interpretation Notes on New and Unused Building Allowance and Factors for Extending Period for Lodging an Objection or Appeal
|Approved Changes|South Africa
The South African Revenue Service (SARS) has released the following interpretation notes, dated 20 and 21 December 2018, respectively:
Interpretation Note 107, which provides providing guidance on the interpretation and application of the rules that provide for an allowance on any new and unused buildings or any new and unused improvements to any building, owned and wholly or mainly used by a…
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