Administration of Estates Act, 1965
R 385
Tax Administration Act, 2011 (Act No. 28 of 2011)Chapter 14 : Write off or Compromise of Tax debtsPart D : Compromise of tax debt205. SARS not bound by compromise of tax debt |
SARS is not bound by a "compromise" if—
| (a) | the "debtor" fails to disclose a material fact to which the "compromise" relates; |
| (b) | the "debtor" supplies materially incorrect information to which the "compromise" relates; |
| (c) | the "debtor" fails to comply with a provision or condition contained in the agreement referred to in section 204; or |
| (d) | the "debtor" is liquidated or the "debtor's" estate is sequestrated before the "debtor" has fully complied with the conditions contained in the agreement referred to in section 204. |
