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South
Africa
NATIONAL LEGISLATION OVERVIEWS
NATIONAL LEGISLATION OVERVIEWS
Revenue Laws Amendment Act, No.
60 of 2008
NOTE: Assented to and published in English, with alternative copy in Afrikaans, except iro notice of assent date in _, and excecpt iro title/text/engrossments in the following sections: s_ (_/_/_)
NOTE: Assented to and published in English, with alternative copy in Afrikaans, except iro notice of assent date in _, and excecpt iro title/text/engrossments in the following sections: s_ (_/_/_)
Long title
To amend the Transfer Duty Act, 1949, so as to provide for exemptions from duty; amend the Estate Duty Act, 1955, so as to exclude certain proceeds from estate duty; amend the Pension Funds Act, 1956, so as to effect a technical correction; amend the Income Tax Act, 1962, so as to amend and insert certain definitions; to effect technical corrections; to repeal certain provisions; to amend certain provisions; to make new provision for: passive holding companies; deductions in respect of residential units; additional investment and training allowances, venture capital companies, licence fees, intellectual property, environmental conservation and maintenance, micro businesses, dividends tax and education loans; and to lower a rate of tax; amend the Customs and Excise Act, 1964, so as to amend certain provisions; to make new provision for: removal of dutiable imported goods from a customs and excise storage warehouse; losses in respect of certain liquid bulk goods; liability for underpayments of duty; certain exemptions in respect of environmental levy goods; and dutiability of waste and scrap after the destruction of goods; to prohibit refund of a duty; to provide for the continuation of certain amendments to the Schedules; to deem a date on which an international trade agreement came into operation; and to effect consequential and textual amendments; repeal the Stamp Duties Act, 1968; amend the Value-Added Tax Act, 1991, so as to amend certain definitions; to repeal a provision; to amend certain provisions; to raise a limit; and to effect consequential and textual amendments; amend the Income Tax Act, 1993, so as to repeal a provision; amend the Income Tax Act, 1994, so as to repeal a provision; amend the Restitution of Land Rights Act, 1994, so as to amend provisions relating to transfer duty and stamp duty; repeal the Company Tax Amendment Decree, 1994, of the former Republic of Ciskei; repeal the Tax Amnesty Act, 1995; repeal the Final Relief on Tax, Interest, Penalty and Additional Tax Act, 1996; amend the Revenue Laws Amendment Act, 2006, so as to amend provisions relating to the 2010 FIFA World Cup; amend the Taxation Laws Amendment Act, 2007, so as to effect a technical correction; amend the Securities Transfer Tax Act, 2007, so as to amend provisions; amend the Revenue Laws Amendment Act, 2007, so as to amend commencement dates; amend the Taxation Laws Amendment Act, 2008, so as to amend commencement dates and to effect a technical correction, and to provide for matters connected therewith.
Table of contents
| SECTION | TITLE |
| 1. | Amendment of section 9 of Act 40 of 1949... |
| 2. | Amendment
of section 3 of Act 45 of 1955... |
| 3. | Amendment
of section 37D of Act 24 of 1956... |
| 4. | Amendment
of section 1 of Act 58 of 1962... |
| 5. | Amendment
of section 3 of Act 58 of 1962... |
| 6. | Amendment
of section 5 of Act 58 of 1962... |
| 7. | Amendment
of section 6 of Act 58 of 1962... |
| 8. | Amendment
of section 7 of Act 58 of 1962... |
| 9. | Amendment of section 8 of Act 58 of 1962... |
| 10. | Amendment
of section 8B of Act 58 of 1962... |
| 11. | Amendment
of section 8C of Act 58 of 1962... |
| 12. | Amendment of section 9C of Act 58 of 1962... |
| 13. | Amendment
of section 9D of Act 58 of 1962... |
| 14. | Insertion
of section 9E into Act 58 of 1962 |
| 15. | Amendment
of section 9G of Act 58 of 1962... |
| 16. | Amendment
of section 10 of Act 58 of 1962... |
| 17. | Amendment
of section 10A of Act 58 of 1962... |
| 18. | Amendment
of section 11 of Act 58 of 1962... |
| 19. | Amendment of section 11D of Act 58 of 1962... |
| 20. | Amendment
of section 12C of Act 58 of 1962... |
| 21. | Amendment
of section 12D of Act 58 of 1962... |
| 22. | Amendment
of section 12DA of Act 58 of 1962... |
| 23. | Amendment
of section 12E of Act 58 of 1962... |
| 24. | Amendment
of section 12F of Act 58 of 1962... |
| 25. | Amendment
of section 12H of Act 58 of 1962... |
| 26. | Insertion
of section 12I into Act 58 of 1962 |
| 27. | Insertion
of section 12J into Act 58 of 1962 |
| 28. | Amendment
of section 13ter of Act 58 of 1962... |
| 29. | Amendment of section 13quat of Act 58 of 1962... |
| 30. | Amendment
of section 13quin of Act 58 of 1962... |
| 31. | Insertion
of section 13sex into Act 58 of 1962 |
| 32. | Insertion
of section 13sept into Act 58 of 1962 |
| 33. | Amendment
of section 18 of Act 58 of 1962... |
| 34. | Amendment
of section 18A of Act 58 of 1962... |
| 35. | Amendment
of section 20 of Act 58 of 1962... |
| 36. | Amendment
of section 22 of Act 58 of 1962... |
| 37. | Amendment
of section 23 of Act 58 of 1962... |
| 38. | Substitution
of section 23I of Act 58 of 1962... |
| 39. | Amendment of section 24B of Act 58 of 1962... |
| 40. | Amendment
of section 28 of Act 58 of 1962... |
| 41. | Amendment
of section 30 of Act 58 of 1962... |
| 42. | Amendment
of section 30A of Act 58 of 1962... |
| 43. | Amendment
of section 31 of Act 58 of 1962... |
| 44. | Amendment
of section 36 of Act 58 of 1962... |
| 45. | Amendment of
section 37B of Act 58 of 1962 |
| 46. | Insertion of
section 37C into Act 58 of 1962 |
| 47. | Insertion of
section 40C into Act 58 of 1962 |
| 48. | Amendment of
section 41 of Act 58 of 1962... |
| 49. | Amendment of section 42 of Act 58 of 1962... |
| 50. | Amendment of
section 44 of Act 58 of 1962... |
| 51. | Amendment of
section 45 of Act 58 of 1962... |
| 52. | Amendment of
section 46 of Act 58 of 1962... |
| 53. | Amendment of
section 47 of Act 58 of 1962... |
| 54. | Insertion of
Part IV into Chapter II of Act 58 of 1962 |
| 55. | Amendment of
section 64B of Act 58 of 1962... |
| 56. | Insertion of
Part VIII into Chapter II of Act 58 of 1962 |
| 57. | Amendment of
paragraph 12 of First Schedule to Act 58 of 1962... |
| 58. | Amendment of
paragraph 1 of Second Schedule to Act 58 of 1962... |
| 59. | Amendment of paragraph 2 of Second Schedule to Act 58 of 1962... |
| 60. | Amendment of
paragraph 2B of Second Schedule to Act 58 of 1962... |
| 61. | Amendment of
paragraph 2C of Second Schedule to Act 58 of 1962... |
| 62. | Amendment of
paragraph 3 of Second Schedule to Act 58 of 1962... |
| 63. | Amendment of
paragraph 4 of Second Schedule to Act 58 of 1962... |
| 64. | Amendment of
paragraph 6 of Second Schedule to Act 58 of 1962... |
| 65. | Repeal of
paragraph 7 of Second Schedule to Act 58 of 1962 |
| 66. | Amendment of
paragraph 1 of Fourth Schedule to Act 58 of 1962... |
| 67. | Amendment of
paragraph 2 of Fourth Schedule to Act 58 of 1962... |
| 68. | Amendment of
paragraph 9 of Fourth Schedule to Act 58 of 1962... |
| 69. | Amendment of paragraph 11 of Fourth Schedule to Act 58 of 1962... |
| 70. | Amendment of
paragraph 11B of Fourth Schedule to Act 58 of 1962... |
| 71. | Insertion of
Sixth Schedule into Act 58 of 1962 |
| 72. | Amendment of
paragraph 6 of Seventh Schedule to Act 58 of 1962... |
| 73. | Amendment of
paragraph 10 of Seventh Schedule to Act 58 of 1962... |
| 74. | Amendment of
paragraph 11 of Eighth Schedule to Act 58 of 1962... |
| 75. | Amendment of
paragraph 12 of Eighth Schedule to Act 58 of 1962... |
| 76. | Amendment of
paragraph 13 of Eighth Schedule to Act 58 of 1962... |
| 77. | Amendment of
paragraph 20 of Eighth Schedule to Act 58 of 1962... |
| 78. | Amendment of
paragraph 24 of Eighth Schedule to Act 58 of 1962... |
| 79. | Amendment of paragraph 40 of Eighth Schedule to Act 58 of 1962... |
| 80. | Insertion of
paragraph 57A in Eighth Schedule to Act 58 of 1962 |
| 81. | Amendment of
paragraph 64B of Eighth Schedule to Act 58 of 1962... |
| 82. | Amendment of
paragraph 67A of Eighth Schedule to Act 58 of 1962... |
| 83. | Amendment of
paragraph 67AB of Eighth Schedule to Act 58 of 1962... |
| 84. | Amendment of
paragraph 76 of Eighth Schedule to Act 58 of 1962... |
| 85. | Amendment of
paragraph 78 of Eighth Schedule to Act 58 of 1962... |
| 86. | Amendment of
paragraph 80 of Eighth Schedule to Act 58 of 1962... |
| 87. | Amendment of
paragraph 4 of Part I of Ninth Schedule to Act 58 of 1962... |
| 88. | Amendment of
paragraph 11 of Part I of Ninth Schedule to Act 58 of 1962... |
| 89. | Amendment of paragraph 3 of Part II of Ninth Schedule to Act 58 of 1962... |
| 90. | Amendment of
paragraph 2 of Tenth Schedule to Act 58 of 1962... |
| 91. | Amendment of
section 38 of Act 91 of 1964... |
| 92. | Amendment of
section 43 of Act 91 of 1964... |
| 93. | Amendment of
section 44 of Act 91 of 1964... |
| 94. | Amendment of
section 47 of Act 91 of 1964... |
| 95. | Insertion of
section 54EA in Act 91 of 1964 |
| 96. | Amendment of
section 65 of Act 91 of 1964... |
| 97. | Amendment of
section 66 of Act 91 of 1964... |
| 98. | Amendment of
section 67 of Act 91 of 1964... |
| 99. | Amendment of
section 75 of Act 91 of 1964... |
| 100. | Amendment of section 76B of Act 91 of 1964... |
| 101. | Continuation of certain amendments of Schedules to Act 91 of 1964 |
| 102. | Date
of implementation of Free Trade Agreement between EFTA States and SACU
States in Schedules No. 1 and 10 to Act 91 of 1964 |
| 103. | Repeal
of Act 77 of 1968 |
| 104. | Amendment
of section 1 of Act 89 of 1991... |
| 105. | Amendment
of section 2 of Act 89 of 1991... |
| 106. | Amendment
of section 8 of Act 89 of 1991... |
| 107. | Amendment
of section 10 of Act 89 of 1991... |
| 108. | Amendment
of section 11 of Act 89 of 1991... |
| 109. | Amendment of section 12 of Act 89 of 1991... |
| 110. | Amendment
of section 13 of Act 89 of 1991... |
| 111. | Amendment
of section 16 of Act 89 of 1991... |
| 112. | Amendment
of section 18 of Act 89 of 1991... |
| 113. | Amendment
of section 23 of Act 89 of 1991... |
| 114. | Amendment
of section 39 of Act 89 of 1991... |
| 115. | Insertion
of section 78A in Act 89 of 1991 |
| 116. | Amendment
of section 85 of Act 89 of 1991 |
| 117. | Repeal
of section 60 of Act 113 of 1993 |
| 118. | Repeal
of section 41 of Act 21 of 1994 |
| 119. | Amendment of section 42 of Act 22 of 1994 |
| 120. | Amendment
of section 42A of Act 22 of 1994... |
| 121. | Repeal
of Decree 2 of 1994 (of former Republic of Ciskei) |
| 122. | Repeal
of Act 19 of 1995 |
| 123. | Repeal
of Act 101 of 1996 |
| 124. | Amendment
of Schedule 1 to Act 20 of 2006... |
| 125. | Amendment
of Appendix I of Act 8 of 2007 |
| 126. | Amendment
of section 5 of Act 25 of 2007 |
| 127. | Amendment
of section 8 of Act 25 of 2007 |
| 128. | Amendment
of section 52 of Act 35 of 2007... |
| 129. | Amendment of section 55 of Act 35 of 2007 |
| 130. | Amendment
of section 56 of Act 35 of 2007 |
| 131. | Amendment
of section 59 of Act 35 of 2007 |
| 132. | Amendment
of section 125 of Act 35 of 2007... |
| 133. | Amendment
of section 8 of Act 3 of 2008 |
| 134. | Amendment
of section 38 of Act 3 of 2008 |
| 135. | Amendment
of Appendix I of Act 3 of 2008 |
| 136. | Short title and commencement |
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