Acts Online
GT Shield

Income Tax Act, 1962 (Act 58 of 1962)

Chapter II : The Taxes

Part I : Normal Tax

6quin. Rebate in respect of foreign taxes on income from source within Republic

 

(1) [Subsection (1) deleted by section 7(1)(a) of the Taxation Laws Amendment Act, 2015, (Act No. 25 of 2015]

 

(2)        [Subsection (2) deleted by section 7(1)(a) of the Taxation Laws Amendment Act, 2015, (Act No. 25 of 2015]

 

(3) [Subsection (3) deleted by section 7(1)(a) of the Taxation Laws Amendment Act, 2015, (Act No. 25 of 2015]

 

(3A) [Subsection (3A) deleted by section 7(1)(a) of the Taxation Laws Amendment Act, 2015, (Act No. 25 of 2015]

 

(4) [Subsection (4) deleted by section 7(1)(a) of the Taxation Laws Amendment Act, 2015, (Act No. 25 of 2015]

 

(5) Where, during any year of assessment, a rebate was deducted in terms of this section from the normal tax payable by a resident and, in any year of assessment subsequent to that year of assessment, that resident receives any amount by way of refund in respect of the amount so deducted or is discharged from any liability in respect of that amount, so much of the amount so received or so much of the amount of that discharge as does not exceed that rebate must be deemed to be an amount of normal tax payable by that resident in respect of that subsequent year of assessment.

[Subsection (5) amended by section 7(1)(b) of the Taxation Laws Amendment Act, 2015, (Act No. 25 of 2015]