Transcript South African Revenue Service RC Terblanche (CA) SA

South African Revenue Service
RC Terblanche (CA) SA
The Establishment, Role and
Functions of the office of the
Competent Authority
Joint ATAF – EC – URA Technical
Conference on Exchange of Information
and Tax Treaties
Session 6
Competent Authority
• Finance Minister / Commissioner
• Delegation of powers
• Dedicated process vs Dedicated office
– Process that is reliable
– Personnel responsible for process – whether
dedicated function or not
Dedicated Process
• Delegated Competent Authority must be
identifiable
• Dedicated process exists independently of any
person
• Federal Income Tax system vs National Income
Tax system
Office of the Competent Authority
• Roles and Responsibilities
– First point of entry
– Managing the EOI process
• Information gathering role
• Facilitation role
• Interpretation role
• Skills and Capacity
– Necessary skills to interpret DTA; National Tax
Legislation; Legislation relating to information
gathering; Knowledge where to obtain information
– Number of EOI requests determine capacity