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TAX2601 ASSIGNMENT 01 SEMESTER 1 & 2. QUESTONS AND ANSWERS ALREADY GRADED A. LATEST UPDATE 2024
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TAX2601 ASSIGNMENT 01 SEMESTER 1 & 2. QUESTONS AND ANSWERS ALREADY GRADED A. LATEST UPDATE 2024 When interpreting the wording used in the Income Tax Act, the application of the contra fiscum rule may be necessary. What does this mean? (1) The court will apply the interpretation that is more favourable to SARS. (2) The court will apply the interpretation that places the bigger burden on the taxpayer. (3) The court will apply the interpretation that places the smaller burden on the taxpayer. (4) The court will apply the interpretation that is fair for both SARS and the taxpayer.
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