oa De Rebus - Overseas visit by attorney - not in the production of income
|Article Title||Overseas visit by attorney - not in the production of income|
|© Publisher:||Law Society of South Africa|
|Affiliations||1 Law, Rand Afrikaans University, Johannesburg.|
|Publication Date||Nov 1997|
|Pages||733 - 734|
|Keyword(s)||Income Tax Appeals and Overseas visit by attorney|
A recent case handed down by the Transvaal Special Court for Income Tax Appeals will be of special interest to several attorneys. The case deals with the deductibility of expenditure incurred by an attorney on an overseas visit with the alleged purpose of keeping abreast of the latest developments in his field of expertise. In general, for expenditure incurred in the Republic to be deductible. it has to pass the requirements of the general deduction formula in section 11(a) of the Income Tax Act 58 of 1962 (the Act) and should not be prohibited in terms of s 23, in particular s 23(g).
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