SARS definition

SARS means the South African Revenue Services.

Examples of SARS in a sentence

  • In addition to FATCA, the Organisation for Economic Co-operation and Development’s (“OECD”) Common Reporting Standard (“CRS”) multilateral agreement has been signed by SARS and implemented in 2016.

  • As a result, we are obliged to report to SARS on all accounts maintained by us on behalf of account holders who are deemed to be resident in the U.S or any other foreign jurisdiction for any tax in said jurisdictions at the end of each tax year as provided for in the Intergovernmental agreement between the IRS, SARS and the CRS.

  • It is a condition of bid that the taxes of the successful bidder must be in order, or that satisfactory arrangements have been made with South African Revenue Services (SARS) to meet the bidder’s tax obligations.

  • YES NO IF THE ANSWER IS “NO” TO ALL OF THE ABOVE, THEN IT IS NOT A REQUIREMENT TO REGISTER FOR A TAX COMPLIANCE STATUS SYSTEM PIN CODE FROM THE SOUTH AFRICAN REVENUE SERVICE (SARS) AND IF NOT REGISTER AS PER 2.3 BELOW.

  • ATTACHED WITH THIS MANDATE Financial Intelligence Centre Act, 2001, all accountable institutions which includes property practitioners have a duty to know their clients and keep a record of the identity, address and income tax documents (mark the applicable documents with an X) Where the Landlord is a Natural person: RSA Identity document / passport Proof of current address Proof of SARS income tax number 18.


More Definitions of SARS

SARS means the SOUTH AFRICAN REVENUE SERVICE, an organ of state within the public administration but outside the public service established in terms of Section 2 of the South African Revenue Service Act, 1997 (Act No. 34 of 1997), with its principal address at 000 Xxxxxxxxxx Xxxxxx, Nieuw Muckleneuk, Pretoria;
SARS or "stock appreciation right" means a right granted by the Company, as compensation for services rendered, to receive a payment of cash or an issue or transfer of securities based wholly or in part on changes in the trading price of publicly traded securities of the Company.
SARS means stock appreciation rights granted pursuant to Section 7 of the Plan.
SARS means rights entitling the holder upon exercise to receive cash or Stock, as the Committee determines, equal to a function (determined by the Committee using such factors as it deems appropriate) of the amount by which the Stock has appreciated in value since the date of the Award.
SARS means share appreciation rights, awarded pursuant to Article VII, with respect to Shares.