Page 459 - 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
short-term insurance business (s 28)
short-term insurer (s 28)
short-term policy (s 28)
SIC Code (s 12R)
single toll road (s 24G)
Skills Development Act, 1998 (s 12H)
small business (8th Sch para 57)
small business corporation (s 12E)
small business funding entity (s 1)
small, medium or micro-sized enterprise (s 1)
similar supply (s 3)
Skills Development Levies Act (s 1)
South African Reserve Bank (s 1)
South African Revenue Service (s 1)
South African Revenue Service (s 1)
South African National Roads Agency Limited (s 24G)
South African ship (s 14) – repealed
special economic zone (s 12R)
Special Economic Zones Act (s 12R)
Special Economic Zones Act (s 1) (pendlex)
special purpose corporate vehicle (s 12O)
special remuneration (s 5)
special trust (s 1; 8th Sch para 1)
speci ed activity (s 47A)
speci ed date (s 1)
speci ed period (s 1)
sportsperson (entertainer or sportsperson) (s 47A)
spot rate (s 1)
spouse (s 1)
Stamp Duties Act (s 1)
standard employment (4th Sch para 11B)
State (s 37H)
statutory actuary (s 10A)
STC credit (s 64D)
storage building (s 27)
storage warehouse (s 1) (pendlex)
substantial understatement (ss 221 to 233 (Ch 16))
substitutive share-for-share transaction (s 43)
SAIT CompendIum oF TAx LegISLATIon VoLume 1 451
INCOME TAX ACT – DEFINITIONS