n Tax Breaks Newsletter - Claiming input VAT on imported services : value-added tax
|Article Title||Claiming input VAT on imported services : value-added tax|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Affiliations||1 Edward Nathan Sonnenbergs|
|Publication Date||Dec 2011|
|Pages||3 - 4|
In a recent case, XYZ Co v The Commissioner for the South African Revenue Service (VAT 382), the Tax Court held that advisory services acquired from a foreign supplier in relation to an offer which unit holders in XYZ Co had received to eliminate their interests in the company, do not comprise imported services for Value-Added Tax (VAT) purposes.
Article metrics loading...