• Exchange Control Amnesty and Amendment of Taxation Laws Act, 2003 (Act No. 12 of 2003)
  • Notice No. 730 of 2003
  • Act
  • Preamble
  • Chapter I : Exchange Control Amnesty and accompanying tax measures
    • Part A : Definitions, Administration and Application
      • 1. Definitions
      • 2. Administration of Chapter
      • 3. Persons who may apply for exchange control or tax relief in terms of amnesty
      • 4. Special rules for donors to discretionary trust
    • Part B : Application, Evaluation and Approval Process
      • 5. Application for amnesty and period for application
      • 6. Required information for application by applicant
      • 7. Statement of foreign assets and liabilities for tax relief
      • 8. Required information for application by facilitator
      • 9. Evaluation and Approval
      • 10. Circumstances where amnesty unit may not grant approval
    • Part C : Exchange Control Relief in terms of Amnesty
      • 11. Imposition of exchange control amnesty levy
      • 12. Amount of exchange control amnesty levy
      • 13. Payment of exchange control amnesty levy
      • 14. Exchange Control Relief
    • Part D : Tax Relief in terms of Amnesty
      • 15. Exemption for undeclared foreign income
      • 16. Imposition and payment of domestic tax amnesty levy
      • 17. Exemption for undeclared amounts arising in Republic
      • 18. Circumstances where tax relief does not apply
      • 19. Disallowance of deductions, allowances, losses and rebates
    • Part E : Invalidity of Approval and Review of Decision
      • 20. Invalidity of approval
      • 21. Objection against decision of amnesty unit
    • Part F : Establishment and Procedures relating to Amnesty Unit
      • 22. Establishment
      • 23. Constitution
      • 24. Powers, functions and duties
      • 25. Disclosure of interest
      • 26. Records, provision and use of information
      • 27. Termination of existence of amnesty unit
    • Part G : Miscellaneous
      • 28. Limitation for purposes of Income Tax Act
      • 29. Reporting
      • 30. Regulations
  • Chapter II : General Amendments to Taxation Laws
    • 31. Transfer Duty Act, 1949 section 2
    • 32. Income Tax Act, 1962 Tax Rates
    • 33. Income Tax Act, 1962 section 1
    • 34. Income Tax Act, 1962 section 4
    • 35. Income Tax Act, 1962 section 6
    • 36. Income Tax Act, 1962 section 10
    • 37. Income Tax Act, 1962 section 12E
    • 38. Income Tax Act, 1962 section 64C
    • 39. Customs and Excise Act, 1964 section 4
    • 40. Customs and Excise Act, 1964 section 47B
    • 41. Customs and Excise Act, 1964 Schedule 1
    • 42. Stamp Duties Act, 1968 section 1
    • 43. Stamp Duties Act, 1968 section 7
    • 44. Stamp Duties Act, 1968 Repeal of section 24
    • 45. Stamp Duties Act, 1968 Repeal of item 18 in Schedule 1
    • 46. SA Reserve Bank Act, 1989 section 33
    • 47. Value-added Tax Act, 1991 section 1
    • 48. Value-added Tax Act, 1991 section 6
    • 49. Tax on Retirement Funds Act, 1996 section 2
    • 50. Continuation of certain amendments of Schedules Nos. 1 to 6 and 8 to Act 91 of 1964
    • 51. Short title and commencement
  • Schedules
    • Rates of normal tax payable by persons in respect of the years of assessment
      • Schedule 1 : Rates of normal tax payable by persons (other than companies) in respect of the years of assessment ending 29 February 2003 and by companies in respect of years of assessment ending during the period 12 Months ending 31 March 2004
      • Schedule 2 : Amendments to Schedule No. 1 to the Customs and Excise Act, 1964
• Regulations
  • Regulations- issued in terms of Section 30 of the Exchange Control Amnesty and Amendment of Taxation Laws Act, 2003 (Act No. 12 of 2003)
    • Notice No. R. 724 of 2004
    • 1. Definitions
    • 2 - 7. Provisions relating to donors to discretionary trust
    • 8. Provisions relating to deceased estates
    • 9 - 11. Provisions relating to facilitators
    • 12. Payment of exchange control amnesty levy
    • 13. Foreign source income
    • 14 - 16. Provisions relating to domestic tax relief
    • 17 - 18. Provisions relating to unlawful activities
    • 19 - 20. Procedures of Amnesty Unit