Question NW216 to the Minister of Finance
23 February 2021 - NW216
Chetty, Mr M to ask the Minister of Finance
Whether value-added tax (VAT) was paid on the sale of tickets for the 2010 FIFA World Cup; if not, what are the reasons that no VAT was paid; if so, what total amount was paid?
Reply:
Value-added tax was levied at the standard rate of 14% on all 2010 World Cup ticket sales.
VAT revenue from such sales amounted to R318 million.