TY  - JOUR
AB  - A section 80M(1)(d) reportable arrangement is defined in the Income Tax Act 58 of 1962, as amended, and contains the reasonable expectation of a pre‐tax profit requirement. Such an arrangement must be reported to the Commissioner of the South African Revenue Service within 60 days. Failure to do so can result in a R1 million penalty. It is submitted that this requirement is subjective because of a lack of indigenous litigation and implementation guidelines. The Canadian reasonable expectation of profit (REOP) test may be of value to formulate objective standards against which to apply the section 80M(1)(d) reportable arrangement.
VL  - 18
IS  - 2
SN  - 1022-2529
DO  - 10.1108/10222529201000011
UR  - https://doi.org/10.1108/10222529201000011
AU  - Steenkamp L‐A.
PY  - 2010
Y1  - 2010/01/01
TI  - Applying the Canadian “reasonable expectation of profit” test to a section 80M(1)(d) reportable arrangement
T2  - Meditari Accountancy Research
PB  - Emerald Group Publishing Limited
SP  - 75
EP  - 88
Y2  - 2024/04/16
ER  -