Study notes: Second year:

Administration Act

All second year study notes

The difference between tax evasion and tax avoidance

Please click here to access slides describing the difference between tax evasion and tax avoidance.

From Portable Study Buddy – Alta (UOFS).

Burdens

Taxpayer • That an item is exempt • That an item is deductable

Who must submit a tax return?

• A Natural Person that is older than 65 years who:

Burdens – SARS

SARS

  • The reasonability of an estimated assessment
  • The facts an understatement penalty was based upon

Burdens – Taxpayer

Taxpayer

  • That an item is exempt
  • That an item is deductable
  • The applicable tax rate
  • Reduction of tax payable
  • Correctness of a valuation
  • If a “decision” subject to objection and appeal under a Tax Act is incorrect