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I have received a number of requests for a copy of the judgment on the above subject.
We have now obtained a certified true copy (uploaded below) and also we have provided further insights in our tax alert below.
In summary, the Tax Appeal Tribunal (TAT) confirms that the income of a company limited by guarantee, whose object is the provision of educational services is not liable to corporate income tax and therefore not also subject to education tax.
Download Tax Alert_Exemption of Educational Institutions from Income Taxes
Download TAT ruling on taxation of educational institutions
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
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