Taxation In South Africa Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
FLMI | C | Franklin Liberty Intermediate Municipal Opportunities ETF | -0.69 | |
FLMB | C | Franklin Liberty Federal Tax-Free Bond ETF | -0.55 |
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- Taxation In South Africa
Taxation in South Africa is a complex system which includes various taxes such as income tax, value-added tax (VAT), capital gains tax, transfer duty, estate duty, and other taxes. The South African Revenue Service (SARS) is responsible for the collection of taxes. Taxpayers are required to register with SARS and submit tax returns on a regular basis. Taxpayers are also required to pay taxes on their income, capital gains, and other transactions. Taxpayers may be eligible for certain deductions and credits, which can reduce their overall tax liability.
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