South Africa: SARS Calls for Comments On New Digital Vat Model
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8 Articles
South Africa: SARS Calls for Comments On New Digital Vat Model
[SAnews.gov.za] The South African Revenue Service (SARS) has called for public comment on the Value-Added Tax (VAT) Modernisation Discussion Paper of 2023, which outlines a new digital VAT model to modernise VAT administration.
How SARS plans to transform VAT compliance through digital technology
The South African Revenue Service (SARS) has proposed a major overhaul of the country’s VAT administration system, with a new digital model aimed at making tax compliance a more seamless part of businesses’ everyday operations.
New platform taxation should modernise online trade. Now there is chaos, there is a threat of a relapse in digital stone age. Last week, an article about an amazing case came here at Chrono24. A Swiss wanted to buy a used watch from a Swiss retail seller. When the platform was concluded, 8.1 percent VAT was added. After that, this medium achieved attributions from the [...]
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