SARS Rulings

The complexity of tax law often creates uncertainty for taxpayers. One of the most appropriate ways to gain certainty on how SARS will react to a specific transaction is to request a binding ruling from SARS.

Where SARS expresses a view following a ruling application, SARS bind themselves to the view and taxpayers accordingly have absolute certainty on how a transaction will be taxed by SARS.

SARS’ ruling division employs some of the most respected tax resources in the country who, contrary to popular belief, seeks to find the correct answer in law as opposed the quickest way to raise additional tax assessments.

We have applied for various rulings from SARS and have always received satisfactory responses that serve to make the tax variables constant and allow our clients to focus on implementation of the transaction and not have sleepless nights about the possible tax consequences.

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