Administration of Estates Act, 1965
R 385
Tax Administration Act, 2011 (Act No. 28 of 2011)RegulationsRegulations for purposes of Paragraph (b) of the Definition of "International Tax Standard" in Section 1 of the Tax Administration of the Tax Administration Act, 2011 (Act No. 28 of 2011), promulgated under Section 257 of the Act, Specifying the Country-By-Country Reporting Standard for Multinational EnterprisesArticle 3 : Notification |
| 1. | Any Constituent Entity of an MNE Group that is resident for tax purposes in South Africa must notify SARS if it is the Ultimate Parent Entity or the Surrogate Parent Entity, no later than 12 months after the last day of the Reporting Fiscal Year of such MNE Group. |
| 2. | Where a Constituent Entity of an MNE Group that is resident for tax purposes in South Africa is not the Ultimate Parent Entity nor the Surrogate Parent Entity, it must notify SARS of the identity and tax residence of the Reporting Entity, no later than 12 months after the last day of the Reporting Fiscal Year of such MNE Group. |
