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n Tax Breaks Newsletter - Penalties imposed on a taxpayer : treble tax, interest : penalties

Volume 2009, Issue 284
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Abstract

The Income Tax Act 58 of 1962, as amended, imposes various penalties on a taxpayer for default, omission, error, or the late submission of tax returns. Section 75 creates various offences under the Act, for example, if a taxpayer submits a late return, fails to register as a taxpayer for the relevant year of assessment, fails to submit any return or document so required, or defaults in a material sense as is envisaged by that Section.

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/content/montb/2009/284/EJC78577
2009-09-01
2017-05-22

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