n Tax Breaks Newsletter - Compromise of tax debts : tax collection
|Article Title||Compromise of tax debts : tax collection|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Aug 2013|
|Pages||2 - 3|
In certain circumstances, SARS can enter into a compromise agreement with a taxpayer, where the taxpayer undertakes to pay less than the full amount of a tax debt and SARS undertakes to permanently write off the remaining portion.
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