Examples of SARS Act in a sentence
In terms of the SARS Act, 1997, the Commissioner for SARS is the Chief Executive Officer and Accounting Authority of SARS.
SARS Act, 1997, Part Three, Section 13 (2d).poorly designed governance mechanisms.
Established under the SARS Act as an autonomous agency, SARS is responsible for administering the South African tax system and customs service.
In terms of section 5(1) of the SARS Act, SARS may do all that is necessary to perform its functions properly including engaging in any activity whether alone or together with other organisations in the Republic or elsewhere, to promote proper, efficient and effective tax administration, including customs and excise duty administration,16 and may do anything that is incidental to the exercise of any of its powers.17 Schedule 1 of the SARS Act lists the various laws which are to be administered by SARS.
To achieve these objectives section 4(1)(a) of the SARS Act provides that SARS must ensure that the national legislation listed in Schedule 1 be enforced.
At the time when the unit was established in 2007, the national legislation listed in Schedule 1 of the SARS Act included: (i) The Customs and Excise Act.19 (ii) The Income Tax Act20 (before its amendment by the Tax Administration Act); and (iii) The Value Added Tax Act21 (before its amendment by the Tax Administration Act).
The Tax Ombud must appoint the staff of the office of the Tax Ombud who must be employed in terms of the SARS Act.
This mandate is derived from the SARS Act legislation which SARS administers.
In terms of the SARS Act, 1997, the Commissioner for South African Revenue Service is the Chief Executive Officer and Accounting Authority of SARS.
South African Revenue Service Act, as amended (No. 34 of 1997)The SARS Amendment Act of 2002, which effects the dissolution of the SARS Advisory Board, as contained in section 11 of the SARS Act 34 of 1997, has been promulgated in the Government Gazette in December 2002 as Act No. 46 of 2002.