Page 620 - Juta's Indirect Tax

IN 22 (3)
TRANSFER DUTY ACT IN 22 (3)
RESEARCH AND CONSUMER RIGHTS
Research including agricultural, economic, educational, industrial, medical, political, social, scienti c and technological research.
The protection and promotion of consumer rights and the improvement of control and quality with regard to products or services.
SPORT
8. (a) (b)
9. The administration, development, co-ordination or promotion of sport or recreation in which the participants take part on a non-professional basis as a pastime.
PROVIDING OF FUNDS, ASSETS OR OTHER RESOURCES
10. The provision of—
(a) funds, assets, services or other resources by way of donation;
(b) assets or other resources by way of sale for a consideration not exceeding the direct cost to the organisation
providing the assets or resources;
(c) funds by way of loan at no charge; or
(d) assets by way of lease for an annual consideration not exceeding the direct cost to the organisation providing
the asset divided by the total useful life of the asset, to any—
(i) public bene t organisation which has been approved in terms of section 30;
(ii) institution, board or body contemplated in section 10(1)(cA)(i), which conducts one or more public bene t activities in this part (other than this paragraph);
(iii) association of persons carrying on one or more public bene t activity contemplated in this part (other than this paragraph), in the Republic; or
(iv) department of state or administration in the national or provincial or local sphere of government of the Republic, contemplated in section 10(1)(a).
GENERAL
11. (a) The provision of support services to, or promotion of the common interests of public bene t organisations contemplated in section 30 or institutions, boards or bodies contemplated in section 10(1)(cA)(i), which conduct one or more public bene t activities contemplated in this part.
(b) The bid to host or hosting of any international event approved by the Minister for purposes of this paragraph, having regard to—
(i) the foreign participation in that event; and
(ii) the economic impact that event may have on the country as a whole.
(c) The promotion, monitoring or reporting of development assistance for the poor and needy. (d) The provision of funds to an organisation—
(i) which is incorporated, formed or established in any country other than the Republic; (ii) which is exempt from tax on income in that other country;
(iii) the sole or principal object of which is the carrying on of one or more activities that would qualify as public bene t activities listed in Part I of this Schedule if carried on in the Republic; and
(iv) that carries on each of its activities—
(aa) in a non-pro t manner;
(bb) with altruistic or philanthropic intent;
(cc) in a manner which does not directly or indirectly promote the economic self-interest of any duciary
or employee of the organisation other than by way of reasonable remuneration; and
(dd) for the bene t of, or is widely accessible to the general public of that country including any sector
thereof (other than small and exclusive groups).
Annexure B – Contact details of the Tax Exemption Unit
Postal address Physical address
Telephone Fax
Email
PO Box 11955 HATFIELD 0028
Land Bank Building 271 Veale Street Nieuw Muckleneuk Pretoria
0181
012 483 1700 012 483 1701 teu@sars.gov.za
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Juta’s IndIrect tax 2016