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Wednesday, November 26, 2014

Credit amnesty in south africa 2013

Azerbaijan, Baku / corr. Trend / Minister of Finance Trevor Manuel of South Africa introduced in parliament tax legislation, which will extend the tax amnesty for small businesses by the end of this month, the website offshore.su ..
credit amnesty in south africa 2013
The bill on amendments to the tax law requires lawmakers to extend the period of validity of the tax amnesty for small businesses one month, June 30, 2007.
credit amnesty in south africa 2013

Tax Authority of South Africa has received in the last minute of the last month of the amnesty are many applications from small firms, after the campaign, together with other government agencies to enforce that called for businesses operating in the informal sector of economic activity, to regularize their taxes. By the end of April 2007, the IRS received more than 16,000 applications for amnesty June the number had increased to 275,000.
credit amnesty in south africa 2013
"For the experience of the last two weeks - were provided for the submission of applications - and as a result of interviews many companies want to be law-abiding and to legalize the business of their companies," - said Manuel.
credit amnesty in south africa 2013
According to the law, the IRS must allow applicants to August 31, 2007 to provide all the documents accompanying the application for amnesty.
credit amnesty in south africa 2013
"It should be stressed that the extension of the amnesty is possible only from the standpoint of strengthening the country's tax base," - said Manuel legislators. "The response to this amnesty was simply impressive and the staff of the IRS need special praise for the way he coped with this flow statements."
credit amnesty in south africa 2013
Amnesty is valid from August 2006, and was originally the date of its completion was scheduled million. Rs. For the fact that they will not be punished by the tax and law enforcement agencies, enterprises apply for amnesty will have to pay a 5 percent tax on his back the declared income.
credit amnesty in south africa 2013

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