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Taxation Law Amendment Bill and other changes in Value Added Tax for 2020

  • Registration of lessors of foreign-owned ships, aircrafts, and other equipment
  • The sale of a going concern
  • Zero rating of telecommunication services
  • Payment basis versus Invoice basis
  • VAT Binding General Ruling (BGR) 55: Sale of dwellings of fixed property by developers following a change-in-use adjustment
  • Purveyors South Africa Mine Services (Pty) Ltd v Commissioner for the South African Revenue Service

Source BDO

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