Article by Gerhard Badenhorst of Cliffe Dekker Hofmeyr
The stated policy of the South African Revenue Service (SARS) not to make value-added tax (VAT) apportionment rulings effective retrospectively to prior financial years has been questioned on several occasions. The matter was recently considered by the Tax Court in the case of Taxpayer v Commissioner for the South African Revenue Service (VAT2063) [2019] ZATC 2 (15 November 2019) where the Tax Court found in favour of SARS.
Source: Mondaq
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