Intellectual Property Rights from Publicly Financed Research and
R 385
Income Tax Act, 1962 (Act No. 58 of 1962)Notices2. Notice under Section 11bis(4B) of the Income Tax Act, 1962 |
I, Owen Pieter Faure Horwood, Minister of Finance, do hereby declare that my directions, in terms of the provisions contained in section 11bis(4B)(a) and (b) of the Income Tax Act, 1962 (Act 58 of 1962, as amended, are set out in the Schedule hereto.
Schedule
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Trade recognised as an export service industry |
Nature of income |
Whether person carrying on the trade will, in the appropriate circumstances, qualify for the enhanced exporters’ allowance |
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Income received from visitors from abroad |
Yes |
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Income derived from the provision of freight space to foreign users of such space |
Yes |
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Income derived from the provision of storage and ancillary facilities to foreign users of such facilities in the course of the movement of goods from one location outside the Republic to another location outside the Republic |
Yes |
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Income derived from the rendering of inspection, testing and quality control services in an export country, provided such income is subject to tax in the Republic |
Yes |
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Commission or similar remuneration derived from the rendering of services in respect of the sale and supply of goods direct from one foreign country to another foreign country, provided such income is subject to tax in the Republic |
Yes |
