Income Tax Act, 1962 (Act No. 58 of 1962)
African Tax Administration Forum Agreement on Mutual Assistance in Tax Matters
Article 6 : Simultaneous Examinations
|1.||At the request of the Competent Authority of one of the Contracting Parties, two or more Competent Authorities of the Contracting Parties may consult together for the purposes of determining cases and procedures for simultaneous tax examinations. Each Competent Authority involved shall decide whether or not it wishes to participate in a particular simultaneous tax examination.|
|2.||A simultaneous tax examination as referred to in paragraph 1, means an arrangement between two or more Contracting Parties to examine simultaneously, each in its own territory, the tax affairs of a person in which they have a common or related interest, with a view to exchanging any relevant information which they so obtain.|
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