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INSTITUTE OF ACCOUNTING AND Commerce Professional Volume 7, Issue 3Special points of interest: Deadlines for submission of public comment on SARS policy documents IAC Forum meetings Compliance workshop
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E-commerce, also known as electronic commerce, refers to the buying and selling of goods and services over the internet.
Any individual or business engaging in online commerce is required to file e-commerce transactions for tax purposes.
To fill out e-commerce transactions, businesses can use online platforms or accounting software to track sales and expenses.
The purpose of e-commerce is to facilitate the buying and selling of goods and services online, providing convenience to both businesses and consumers.
E-commerce transactions should include details such as the items sold, prices, customer information, and any applicable taxes.
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