Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Income Tax Act, 1962 (Act No. 58 of 1962)Notices2006 NoticesSpecial Tax Measures relating to 2010 FIFA World Cup South AfricaPart II : Provisions relating to entities generally exempt from taxes, duties and levies4. Treatment of entities for value-added tax purposes |
| (1) | An entity contemplated in paragraph 2 must be regarded as a diplomatic or consular mission as contemplated in section 68(1)(b) of the Value-Added Tax Act, 1991, for purposes of obtaining a refund of value-added tax paid by that entity or a staff member of that entity relating to transactions concluded directly in connection with the Championship. |
| (2) | Notwithstanding the provisions of paragraph 3(1)(a) or any other provision of this Schedule, FIFA must ensure that an entity contemplated in paragraph 2 or 6 or the Local Organising Committee must furnish the Commissioner with a return as contemplated in section 30 of the Value-Added Tax Act, 1991, in respect of output tax due as a result of the supply by that entity of— |
| (a) | Championship tickets, including all matches and official events; |
| (b) | accommodation as contemplated in Clause 19 of the Organising Association Agreement; and |
| (c) | hospitality provided at venues outside of a Championship site, and pay the amount of output tax to the Commissioner within the period prescribed by the Commissioner. |
