Jashwin Baijoo, Head of Strategic Engagement & Compliance at Tax Consulting SA, will provide a high-level overview on the new Tax Clearance process required to make international transfers as introduced by the South African Revenue Service (SARS) on 24 April 2023. The new "Approval for International Transfer" (AIT) process applies to both South African tax residents who transfer more than R1 million out of South Africa in a calendar year, as well as for taxpayers who have ceased their tax residency in South Africa, which is now one combined SARS process.