Page 448 - SAIT Compendium 2016 Volume1

Table listing de nitions INCOME TAX ACT 58 OF 1962 Table listing de nitions
Income Tax Act
Value-Added Tax Act
Tax Administration Act
nancial year (s 1)
rst incidence (ss 208 to 220 (Ch 15))
xed property (s 24A)
xed property (s 1)
xed rate instrument (s 24J)
foreign business establishment (s 9D)
foreign company (ss 1 & 9D)
foreign currency (ss 24I, 35A & 78) (s 9G – deleted); (8th Sch para 84 – repealed)
foreign currency asset (8th Sch para 84) – repealed
foreign currency base cost (8th Sch para 84) – repealed
foreign currency liability (8th Sch para 84) – repealed
foreign currency option contract (s 24I)
foreign currency proceeds (8th Sch para 84) – repealed
foreign dividend (ss 1 & 10B) (s 6sex – deleted)
foreign donor funded project (s 1)
foreign equity instrument (s 1) – deleted
foreign nancial instrument holding company (ss 9D and 41) – deleted
foreign investment entity (s 1)
foreign partnership (s 1)
foreign person (ss 50A & 51A)
foreign return of capital (s 1)
foreign tax year (s 9D – deleted)
foreign-going aircraft (s 1)
foreign-going ship (s 14) – repealed
foreign-going ship (s 1)
forest produce (1st Sch para 16)
formula (s 5)
formula C (2nd Sch para 1) – deleted
forward exchange contract (s 24I)
forward rate (s 24I)
functional currency (s 1)
fund member category (7th Sch para 12D)
fund member category factor (7th Sch para 12D)
fund return (7th Sch para 12D)
440 SAIT CompendIum oF TAx LegISLATIon VoLume 1