Tax Administration Act, 2011 (Act No. 28 of 2011)

Chapter 4 : Returns and Records

Purchase

The following information in relation to a 'reportable arrangement', must be submitted in the prescribed form and manner and by the date specified:

(a)	a detailed description of all its steps and key features, including, in the case of an "arrangement" that is a step or part of a larger "arrangement", all the steps and key features of the larger "arrangement";

(b)	a detailed description of the assumed "tax benefits" for all "participants", including, but not limited to, tax deductions and deferred income;

(c)	the names, registration numbers, and registered addresses of all "participants";

(d)	a list of all its agreements; and

(e)	any financial model that embodies its projected tax treatment.

[Section 38 substituted by section 44 of Act No. 44 of 2014]