Importing Donations Duty-Free: A Guide for Nonprofits
The question of how to import donations tax-free is particularly important in South Africa, as a growing number of welfare, education, religious and other not-for-profit organizations increasingly rely on overseas gifts and donations to continue their work in the country.(A similar situation involves the importing or receiving of samples, gifts and personal items from abroad. This is not covered in this article, but comprehensive information on the subject can be found here ).South Africa imposes customs duties and import taxes on imported goods. So, how does this apply to foreign donations? How do they affect givers and receivers? Thanks to Schedule 4 of the Value Added Tax Act No. 89 of 1991 (VAT Act) and the Customs and Excise Act No. 91 of 1964, certain organizations are eligible for VAT exemptions and duty refunds provided they meet certain conditions.If you are involved with an organization that receives donations from abroad, this blog will help you understand the VAT and duty…
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