INTERPRETATION NOTE 9 (Issue 7) ACT - SARS Home
INTERPRETATION NOTE: NO. 9 (Issue 6) DATE: 26 July 2016 ACT : INCOME TAX ACT NO. 58 OF 1962 SECTION : SECTION 12E SUBJECT : small business CORPORATIONS CONTENTS PAGE Preamble ........................................ ........................................ ........................................ ...... 2 1. Purpose ........................................ ........................................ ..................................... 3 2. Background ........................................ ........................................ ............................... 3 3. The law ........................................ ........................................ ...................................... 4 4. Application of the law ........................................ ........................................ ................. 4 Qualifying requirements ........................................ ........................................ ............. 4 Legal entity requirement [section 12E(4)(a)].
interpretation note 9 (issue 7) date: 25 june 2018 . act : income tax act 58 of 1962 . section : section 12e . subject : small business corporations
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