Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why does Mining Indaba charge VAT if it is not a South African corporation?

0
Posted

Why does Mining Indaba charge VAT if it is not a South African corporation?

0

Mining Indaba, LLC is not a South African corporation, however, SARS is very clear on the fact that VAT is destination based, which means that the consumption of goods and services in South Africa is taxed. VAT is therefore paid on the supply of goods or services in South Africa as well as on the importation of goods or services into South Africa. As a result, Mining Indaba, LLC is eligible primarily based on the fact that the services provided are consumed in South Africa regardless of our resident status.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123