The South African Revenue Service (SARS) has published a draft revised notice listing reportable and excluded arrangements in terms of sections 35(2) and 36(4) of the reportable arrangements provisions of the Tax Administration Act 2011 (Act No. 28 of 2011). This includes the addition of the following as a reportable arrangement: An arrangement in terms of which a closure rehabilitation company or trust referred to in section 37A of the Income Tax Act, 1962, prior to a final closure plan of the relevant prospecting right, mining right or mining permit has been approved by the Cabinet member responsible for mineral...