Pravin Gordhan, South Africa's finance minister, announced the South African Revenue Service (SARS)'s intention to launch a voluntary disclosure programme (VDP) in his budget speech earlier this year. The VDP will be instituted, as part of the Taxation Laws Second Amendment Bill, 2010 (Bill), from November 1 2010 to October 31 2011.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The OECD had previously missed a June 30 deadline to agree an MLC on amount A; in other news, UK corporation tax bills surged to a record high last year