Supreme Court Act, 1959
R 385
Income Tax Act, 1962 (Act 58 of 1962)Regulations2007 RegulationsRegulations issued under Section 91A, prescribing the circumstances under which the Commissioner may write-off or compromise any amount of tax, duty, levy, charge, interest, penalty or other amountPart 5: Compromise of tax debt9. Compromise of tax debt |
The Commissioner may compromise a portion of a tax debt upon written request by a debtor, which complies with the requirements of paragraph 10, if the purpose of that compromise is to secure the highest net return from the recovery of that tax debt taking into account considerations of good management of the tax system and administrative efficiency.
