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CIT Documents



Q: What are CIT documents

Bennie says:
12 April 2022 at 10:41

I already uploaded my company's financial statements. What other CIT documents are they talking about please?

TaxTim TaxTim says:
12 April 2022 at 12:36

A: Corporate Income Tax (CIT) is a tax imposed on companies resident in the Republic of South Africa i.e. incorporated under the laws of, or which are effectively managed in, the Republic, and which derive income from within or outside the Republic. Non-resident companies which operate through a branch, or which have a permanent establishment within the Republic are subject to tax on all income from a source within the Republic. The only documents to be uploaded would be the Company Financial Statements unless something else was specifically requested by SARS. It may be best to call them on 0800 007 277 to ask what else is required.

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