Thursday, November 14, 2013


Following his 2013 Budget announcement, the Minister of Finance publicised the members
of a tax review committee on 17 July 2013. The committee, now known as the Davis Tax
Committee (DTC), will examine the role of South Africa’s tax system to promote growth, job
creation, sustainable development and fiscal self-reliance. It will take the long term
objectives of the National Development Plan into account in its work.

Using its Terms of Reference as the point of departure, the DTC has adopted a work
programme that has prioritised the establishment of specialist sub-committees on small
businesses, the appropriateness of the tax base and tax mix in South Africa, and base
erosion and profit shifting (BEPS).

The DTC has also adopted an approach that is participatory and consultative. This will
provide for wide engagement with all stakeholders. Special dialogue sessions are arranged
on an ongoing basis to take into account a diversity of interests and opinions. The DTC
accordingly calls upon all interested parties to make use of the opportunity to contribute to
the mentioned priorities for now.

Top priority of the DTC at the moment is to address ways in which the tax system can be
improved to facilitate entrepreneurship and the growth of small businesses. Various tax
packages already exist to encourage small businesses. The DTC needs to review these
packages to find an optimal tax package that assists small businesses in contributing towards
economic growth and reducing the high unemployment rate. Urgent contributions in this
regard will be most welcome by 20 November 2013.

Contributions with regard to the tax burden and tax mix are invited by 30 November 2013.
The BEPS Sub-Committee is working on a longer timeframe that is aligned with the OECD
BEPS Action Plan. Contributions with regard to BEPS are welcome by 31 January 2014.

All contributions can be made via e-mail to . More details on the work
of the DTC and its Terms of Reference can be found on its website,

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