Drafting a Compelling Motivation for the Remission and Reduction of Tax Penalties


Duration: 2 Hours

Price: R195.00

Video Type: Single

Presenter: Adv Christel van Wyk

Tax Administration

Tax Administration
...

Drafting a Compelling Motivation for the Remission and Reduction of Tax Penalties

Duration: 2 hours

Price: R195.00


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Title / Topic

Drafting a Compelling Motivation for the Remission and Reduction of Tax Penalties

Presenters : Adv Christel van Wyk


Overview

Taxpayers issued with penalty assessments face significant challenges in formulating compelling grounds of dispute or remittance. There are several types of penalties that may be imposed by SARS, and there is no one-size-fits-all solution to address them. Understatement penalties may be imposed for categories ranging from substantial understatement, no reasonable grounds for the tax position taken, gross negligence, and even intentional tax evasion.

This video provides an overview of the challenges around tax penalties imposed by SARS and assists in formulating compelling arguments, with reference to relevant case law and real-life examples, making it a highly practical session.


Video Content

  • Different types of penalties imposed by SARS, such as:

    • Understatement penalties and

    • Under-estimation penalties

  • Requirements for the imposition of each type

  • Compelling grounds of dispute or remittance, including:

    • Onus and other challenges

    • Case law in point

    • Real-life examples


Competencies Developed

  • Understanding different types of penalties imposed by SARS

  • Dealing with penalty challenges, including those related to onus provisions

  • Formulating compelling grounds of objection or a remittance request to address penalties

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