The Taxation Laws Amendment Act No. 30 of 2000 has introduced new provisions regulating the tax-exempt status of public benefit organisations as well as the tax deductibility of donations to such organisations. These provisions will come into operation on a date to be fixed by the President by way of a proclamation in a Government Gazette. The President has now approved such proclamation and the notice was published in the Government Gazette No. 22405 dated 29 June 2001 which has the effect that the provisions came into operation on 15 July 2001.
The Minister will, soon, by way of a notice in the Government Gazette, publish an approved list of public benefit activities.
Certain documentation will then be made available on the SARS web site detailing the procedure to be followed by organisations carrying on approved public benefit activities applying for tax exempt status in terms of the new provisions.
ISSUED BY THE COMMISSIONER FOR THE SOUTH AFRICAN REVENUE SERVICE