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Income Tax Act, 1962 (Act 58 of 1962)

Chapter III: General Provisions

Part I: Returns

70. Duty of companies to furnish returns (Repealed)

 

 

[Repealed by the Tax Administration Act, 2011 (Act No. 28 of 2011)].

 

1) Where, during any period of twelve months ending on the last day of February in any year, any interest has become due by any company upon or in respect of debentures, debenture stock, loans or advances, the company shall, within thirty days after the end of such period or within such further period as the Commissioner may allow, furnish the Commissioner with a return giving—
a) the full name and address; and
b) in the case of—
i) any natural person, his or her identification number: Provided that where he or she is not in possession of a South African identity document, any other form of identification; or
ii) any person other than a natural person, the registration number,

of each person to whom such interest became due and the amount of such interest.

 

2) [Deleted by the Taxation Laws Second Amendment Act, No. 18 of 2009].

 

3) [Deleted by the Taxation Laws Second Amendment Act, No. 18 of 2009].

 

3A) [Deleted by the Taxation Laws Second Amendment Act, No. 18 of 2009].

 

3B) [Deleted by the Taxation Laws Second Amendment Act, No. 18 of 2009].

 

4) Every company shall file with the Commissioner a copy of the memorandum and articles of association constituting the company and copies of all amendments thereto.

 

5) Every company shall, within thirty days of the registration by the Registrar of Companies of any prospectus proposed to be issued by it, file with the Commissioner a copy of the prospectus.