Example 2.1 Notes

Question 1

Physical Presence test

Answer 1

Requirement 1: 91 days aggregate in current year.
AND
Requirement 2: 91 days aggregate in each of the five preceding years.
AND
Requirement 3: 915 days in total for five preceding years.

Question 2

Residency for juristic person

Answer 2

• incorporated
• formed/established
• Place of effective management.

Question 3

Answering these types of questions

Answer 3

1. Amount needs to meet definition of gross income.
2. List the elements of the definition.
3. Residents get taxed on local/international income. Non-residents only get taxed on local income.
4. 1 is the source SA
5. 2 is the person SA resident.