n Tax Breaks Newsletter - Do CCs making a loss need to file a tax return? : Q&A
|Article Title||Do CCs making a loss need to file a tax return? : Q&A|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Sep 2012|
I am a member of a close corporation (CC) which is currently making losses. Does the CC need to submit a tax return? If so, how do I submit such returns which will save me from SARS late submission or noncompliance penalties?
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