Finance Minister Pravin Gordhan did not utter the words "tax hike", but fiscal realities point in this direction.
Agent or principal, investor or speculator, residential or commercial - each one has its own VAT implications.
Not only is SARS legally entitled to issue such letters, as it did for many 2006 returns, they are now turning their attention to 2007 as well.
The regulations under Section 12 I of the Income Tax Act were gazetted on 23 July 2010, opening the door to additional investment and training allowances for qualifying industrial projects.
SARS goes after pyramid scheme swindlers - but what about the victims?
New Act introduces the concept of "contributed tax capital".
The tax function can no longer be viewed in isolation.