5. Levy of normal tax and rates thereof
6. Normal tax rebates
6A. Medical scheme fees tax credit
6B. Additional medical expenses tax credit
6quat. Rebate or deduction in respect of foreign taxes on income
6quin. Rebate in respect of foreign taxes on income from source within Republic
6sex. [Repealed] Rebate in respect of dividends tax on income of foreign companies
7. When income is deemed to have accrued or to have been received
7A. Date of receipt or accrual of antedated salaries or pensions and of certain retirement gratuities
7B. Timing of accrual and incurral of variable remuneration
7C. Loan or credit advanced to a trust by a connected person
8. Certain amounts to be included in income or taxable income
8A. Gains made by directors of companies or by employees in respect of rights to acquire marketable securities
8B. Taxation of amounts derived from broad-based employee share plan
8C. Taxation of directors and employees on vesting of equity instruments
8E. Dividends on certain shares deemed to be interest in relation to the recipient thereof
8EA. Dividends on third-party backed shares deemed to be income in relation to recipients thereof
9. Source of income
9A : Blocked foreign funds
9B. [Repealed] Circumstances in which certain amounts received or accrued in relation to disposal of listed shares are deemed to be of capital nature
9C. Circumstances in which certain amounts received or accrued from disposal of shares are deemed to be of a capital nature
9D Net income of controlled foreign companies
9E. [Repealed] Taxation of passive holding companies
9G. [Repealed] Taxable income in respect of foreign equity instruments
9H. Change of residence, ceasing to be controlled foreign company or becoming headquarter company
9HA. Disposal by deceased person
9I Headquarter companies
10A. Exemption of capital element of purchased annuities.
10B. Exemption of foreign dividends and dividends paid or declared by headquarter companies
10C. Exemption of non-deductible element of compulsory annuities
11. General deductions allowed in determination of taxable income.
11A. Deductions in respect of expenditure and losses incurred prior to commencement of trade
11B. [Repealed] Deductions in respect of research and development
11D. Deductions in respect of scientific or technological research and development
11sex.Deduction of compensation for railway operating losses.
12B. Deduction in respect of certain machinery, plant, implements, utensils and articles used in farming or production of renew
12C. Deduction in respect of assets used by manufacturers or hotelkeepers and in respect of aircraft and ships, and in respect
12D. Deduction in respect of certain pipelines, transmission lines and railway lines
12DA. Deduction in respect of rolling stock
12E. Deduction in respect of certain plant and machinery of small business corporations
12F. Deduction in respect of airport and port assets
12G. [Repealed] Additional Industrial investment allowance in respect of industrial assets
12H. Additional deductions in respect of learnership agreements
12I. Additional investment and training allowances in respect of industrial policy projects
12J. Deductions in respect of expenditure incurred in exchange for issue of venture capital company shares
12K. Exemption of certified emission reductions
12L. Deduction in respect of energy efficiency savings
12M. Deduction of medical lump sum payments
12N. Deductions in respect of improvements not owned by taxpayer
12NA. Deductions in respect of improvements on property in respect of which government holds a right of use or occupation
12O. Exemption in respect of films
12P. Exemption of amounts received or accrued in respect of government grants
12Q. Exemption of income in respect of ships used in international shipping
12R. Special economic zones
12S. Deduction in respect of buildings in special economic zones
12T. Exemption of amounts received or accrued in respect of tax free investments
12U. Additional deduction in respect of roads and fences in respect of production of renewal energy
13. Deductions in respect of buildings used in a process of manufacture
13bis. Deductions in respect of buildings used by hotelkeepers
13ter. Deductions in respect of residential buildings.
13quat. Deductions in respect of erection or improvement of buildings in urban development zones
13quin. Deduction in respect of commercial buildings
13sex. Deduction in respect of certain residential units
13sept. Deduction in respect of sale of low-cost residential units on loan account
14 Deductions in respect of ships
14bis. [Repealed] Deductions in respect of aircraft
15. Deductions from income derived from mining operations
15A. Amounts to be taken into account in respect of trading stock derived from mining operations
17A. Expenditure incurred by a lessor of land let for farming purposes, in respect of soil erosion works
18. [Repealed] Deduction in respect of medical and dental expenses
18A. Deduction of donations to certain organisations
19. Reduction of debt
20. Set-off of assessed losses
20A. Ring-fencing of assessed losses of certain trades
20B. Limitation of losses from disposal of certain assets
20C. Ring-fencing of interest incurred by headquarter companies
21. Deduction of alimony, allowance or maintenance.
22. Amounts to be taken into account in respect of values of trading stocks
22A. Schemes of arrangement involving trading stock.
22B. Dividends treated as income on disposal of certain shares
23. Deductions not allowed in determination of taxable income
23A. Limitation of allowances granted to lessors of certain assets
23B. Prohibition of double deductions
23C. Reduction of cost or market value of certain assets
23D. Limitation of allowances granted in respect of certain assets
23E. [Repealed] Provisions relating to leave pay
23F. Acquisition or disposal of trading stock
23G. Sale and leaseback arrangements
23H. Limitation of certain deductions
23I. Prohibition of deductions in respect of certain intellectual property
23J. Limitation of allowances granted in respect of assets previously held by connected persons
23K. Limitation of deductions in respect of reorganisation and acquisition transactions
23L. Limitation of deductions in respect of certain short-term insurance policies
23M. Limitation of interest deductions in respect of debts owed to persons not subject to tax
23N. Limitation of interest deductions in respect of reorganisation and acquisition transactions
23O. Limitation of deductions by small, medium or micro-sized enterprises in respect of amounts received or accrued from small business funding entities
24. Credit agreements and debtors allowance.
24A. Transactions whereby fixed property is or company shares are exchanged for shares.
24A. Transactions whereby fixed property is or company shares are exchanged for shares.
24B. [REPEALED] Transactions where shares are acquired by way of issue in exchange for shares issued
24BA. Transactions where assets are acquired as consideration for shares issued
24C. Allowance in respect of future expenditure on contracts
24D. Deduction of certain expenditure incurred in respect of any National Key Point or specified important place or area
24E. Allowance in respect of future expenditure by sporting bodies
24F. [REPEALED] Allowance in respect of films
24G. Taxable income of toll road operators
24H. Persons carrying on trade or business in partnership.
24I. Gains or losses on foreign exchange transactions.
24J. Incurral and accrual of interest
24JA. Sharia compliant financing arrangements
24JB. Fair value taxation in respect of financial instruments
24K. Incurral and accrual of amounts in respect of interest rate agreements.
24L. Incurral and accrual of amounts in respect of option contracts
24M. Incurral and accrual of amounts in respect of assets acquired or disposed of for unquantified amount
24N. Incurral and accrual of amounts in respect of disposal or acquisition of equity shares
24O. Incurral of interest in respect of certain debts deemed to be in the production of income
24P. Allowance in respect of future repairs to certain ships
25. Taxation of deceased estates
25A. Determination of taxable incomes of permanently separated spouses.
25B. Income of trusts and beneficiaries of trusts.
25BA. Amounts received by or accrued to portfolios
25BB. Taxation of REITs
25C. Income of insolvent estates.
25D. Determination of taxable income in foreign currency
26. Determination of taxable income derived from farming.
26A. Inclusion of taxable capital gain in taxable income
26B. Taxation of oil and gas companies
27 Determination of taxable income of co-operative societies and companies.
28. Taxation of short-term insurance business
28bis. Assessments on transfer of business undertaking by foreign company to South African subsidiary
29 Taxable income of companies carrying on long-term insurance business
29A. Taxation of long-term insurers
29B. Mark-to-market taxation in respect of long-term insurers
30. Public benefit organisations
30A. Recreational clubs
30C. Small business funding entities
31. Tax payable in respect of international transactions
33. Assessment of owners or charterers of ships or aircraft who are not residents of the Republic
35. [Repealed] Assessment of persons not ordinarily resident or registered, managed or controlled in the Republic who derive income from royalties or similar payments
35A. Withholding of amounts from payments to non-resident sellers of immovable property
36. Calculation of redemption allowance and unredeemed balance of capital expenditure in connection with mining operations
37. Calculation of capital expenditure on sale, transfer, lease or cession of mining property
37A. Closure rehabilitation company or trust
37B. Deductions in respect of environmental expenditure
37C. Deductions in respect of environmental conservation and maintenance
37D Allowance in respect of land conservation in respect of nature reserves or national parks
37E. Application of certain provisions where taxpayer carries on value-added process
37F. Determination of taxable income derived by persons previously assessable under certain other laws.
37G. Determination of taxable income derived from small business undertakings.
37H. [Repealed] Tax holiday scheme for certain companies