What is an IT3d Tax Certificate
The IT3d tax certificate relates to donations made. When donations are made these are the tax certificates that are required to be issued so that the donation is registered with SARS and can be linked to the respective taxpayer.
The IT3 data submission forms part of the SARS third-party data process to enhance taxpayer and organisational compliance and enables SARS to be aligned with international best tax practices.
SARS IT3 systems receive and process IT3 third-party data information as per appropriate Government Gazette and External BRS documents.
Submitting entities are required to submit IT3 data/certificates in a biannual submission cycle.
Frequently asked questions
What is the submission process of the IT3d?
This can be done on SARS efiling and once competed a certificate will be issued.
What information is required to make the submission of the IT3d?
Personal contact and address details of the donor and donee, including the nature and details of the donation as well as the amount donated.
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