South Africa Case Law

Commissioner for the South African Revenue Service v Reunert Ltd (971/2016)

Commissioner for the South African Revenue Service v Reunert Ltd (971/2016) [2017] ZASCA 153; 80 SATC 113 (22 November 2017)

Court

Supreme Court of Appeal

Case number

971/2016

Judges

Cachalia, Tshiqi, Seriti, Willis, Ploos van Amstel

The Supreme Court of Appeal held that only Reunert’s net commission accrued for tax purposes, because clause 4.1 was subject to clause 4.9’s dividend set-off.

• Income Tax Liability
• Commission Agreements
• Contractual Interpretation
• Accrual For Tax Purposes
• Income-tax
• Accrual-for-tax-purposes