South Africa: Third-party data annual submissions process for AEOI closed
SARS urged any remaining entities that have not yet submitted data to comply as soon as possible.
Third-party data annual submissions process for AEOI closed
The South Africa Revenue Service (SARS) on 6 June 2023 announced the closure of its third-party data annual submissions for the 2023 filing season, which includes submissions for automatic exchange of information (AEOI)—related to the FATCA and common reporting standard (CRS) regimes.
SARS urged any remaining entities that have not yet submitted data to comply as soon as possible to avoid penalties.
Read a June 2023 report [PDF 203 KB] prepared by the KPMG member firm in South Africa
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