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August 6, 2020
South African Government releases draft 2020 Tax Law Amendment Bills
On 31 July 2020, South Africa’s National Treasury published the 2020 Draft Taxation Laws Amendment Bill (DTLAB) and the 2020 Draft Tax Administration Laws Amendment Bill (DTALAB) for public comment. Comments are due by 31 August 2020.
Key highlights of the DTLAB and DTALAB include:
We note that EY will be submitting a written response to National Treasury and will be actively participating in further consultations with National Treasury during the public workshops.
For additional information with respect to this Alert, please contact the following:
Ernst & Young Advisory Services (Pty) Ltd., Durban
Ernst & Young Advisory Services (Pty) Ltd., Cape Town
Ernst & Young Advisory Services (Pty) Ltd., Johannesburg
Ernst & Young Société d’Avocats, Pan African Tax – Transfer Pricing Desk, Paris
Ernst & Young LLP (United Kingdom), Pan African Tax Desk, London
Ernst & Young LLP (United States), Pan African Tax Desk, New York