Carbon Tax Seminar

You’re invited to a seminar covering the important aspects of the Carbon Tax Act which came into effect on 1 June 2019.

Panel members include specialists:

Sharlin Hemraj, Director: Environment & Fuel Taxes, National Treasury; Jacques Harris, CI Group; and Mandy Momberg, MD CarbEnviro Services; and moderated by Fasken’s Environmental Practice Group Head, Francois Joubert.

The seminar will focus on:

• The implementation of the Carbon Tax Act from a practical perspective- how will it work and what does it mean for emitters?
• Who in a company is responsible for ensuring compliance with the Carbon Tax Act, and what liability risks are attached to this responsibility?
• Calculating the carbon tax- making sense of existing DEA approved emission factors as supposed to instances where companies must determine the tax base themselves.
• The submission of the first “carbon tax returns” to SARS by 31 December 2019- what do emitters need to do?
• What is the likely impact post the initial, 3 year tax-free emission allowances phase?
• Ensuring compliance with both the Carbon Tax Act and the Customs and Excise Act
• The interactive role of SARS, National Treasury and the Department of Environmental Affairs.