Latest Updates

• renumbered provisions in the Income Tax Act 1947; 
• citation of Acts;
• all the illustrations to more recent YAs; and
• the relevant references to SFRS(I).

The e-Tax Guide has been updated with the following changes: 

• Inserted new tax avoidance categories and examples in section 6:
  • Setting up of conduit entity to obtain treaty benefit for the purpose of avoiding withholding tax
  • Assignment of debt to an offshore jurisdiction for the main purpose of obtaining tax advantage
• Inserted section 9 on section 33A surcharge