SOUTH AFRICAN REVENUE SERVICE
MEDIA RELEASE NUMBER 13 OF 2002

4 AUGUST 2002

NEW APPLICATION PROCESS FOR TAX CLEARANCE CERTIFICATE IN RESPECT OF FOREIGN INVESTMENT ALLOWANCE

The South African Revenue Service (SARS) has substantially amended the process of issuing the Tax Clearance Certificates in respect of the Foreign Investment allowance. These changes became necessary in the light of abuses that were identified in the old process.

Effective from Monday, 5 August 2002, the following important changes will be implemented:

Effective from 5 August 2002, the following new application forms for Tax Clearance Certificate in respect of Foreign Investment Allowances will be utilised:

Form FIA 003 is the new format of the Tax Clearance Certificate in respect of Foreign Investment Allowances to be issued by SARS.

The new application forms - FIA 001 and FIA 002 - are available on the SARS website (www.sars.gov.za) and may also be obtained from any SARS Branch Office.

ISSUED BY THE COMMISSIONER FOR THE SOUTH AFRICAN REVENUE SERVICE
PRETORIA



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