TAX2601 Principles of Taxation
University Of South Alabama
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TAX2601 ASSIGNMENT 3 SEMESTER 2 2022 /UNISA
- Exam (elaborations) • 5 pages • 2023
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All amounts exclude VAT unless stated otherwise. 
2. All persons mentioned are residents of the Republic of South Africa unless stated otherwise. 
3. SARS = South African Revenue Service 
4. Show all workings, where applicable. Where an amount is subject to a limitation, clearly 
indicate the application of the limitation. Where any item is exempt from tax or not 
allowable as a deduction, this must be indicated, and a brief reason provided. All amounts 
must be rounded to the nearest Rand.
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