Equalisation levy compliance: nonresident service payments are non-deductible unless the levy is timely deducted and paid.

The amendment disallows deduction for consideration paid to a non-resident for a specified service when an equalisation levy is chargeable but not deducted or, if deducted, not paid by the due date; however, if the levy is deducted in a subsequent year or was deducted earlier but paid after the due date, the amount is allowed as a deduction in the year the levy is paid.

---

---

---