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South Africa has Published the 2017 Amendment Acts

21 December 2017

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Approved Changes

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South Africa

The South African Revenue Service (SARS) has published the 2017 Amendments Acts that were promulgated on 14 December and 18 December 2017. The Amendment Acts include: Rates and Monetary Amounts and Amendment of Revenue Laws Act, 2017 (Act No. 14 of 2017) - promulgated 14 December Tax Administration Laws Amendment Act, 2017 (Act No. 13 of 2017) - promulgated 18 December Taxation Laws Amendment Act, 2017 (Act No. 17 of 2017) - promulgated 18 December Main tax changes include: An increase in the dividend withholding tax rate from 15% to 20% effective 22 February 2017; The introduction of a new...