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2008
Pretoria, 14 March
Marino. 308732No.30873GOVERNMENT GAZETTE, 14 MARCH 2008CONTENTS INBOUND
Page
No. No. Gazette
No. GOVERNMENT NOTICEFinancial Intelligence CentreGovernment Notice
301Financial
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What is exemption in terms of?
Exemption generally refers to a provision that allows an individual or entity to avoid a specific obligation, such as tax payments, under certain conditions.
Who is required to file exemption in terms of?
Persons or organizations that qualify for exemption based on specific criteria set by the governing tax authority are required to file for exemption.
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To fill out an exemption form, one needs to provide necessary personal or business information, claim the type of exemption being requested, and submit the required documentation supporting the claim.
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The purpose of exemption is to relieve eligible individuals or entities from certain financial responsibilities, thereby promoting fairness or encouraging specific activities deemed beneficial by the government.
What information must be reported on exemption in terms of?
The information that must be reported includes the applicant's identification details, the basis for the exemption claim, supporting documents, and any other relevant data required by the tax authority.
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