Which one of the following statements does NOT apply to the understatement penalty calculation?

Question

Accepted Answer

If more than one behaviour applies, SARS will add the understatement penalty percentages in the table together.

Answer

A 'repeat case' is defined as one which takes place within 5 years of a previous case.

Answer

The understatement penalty percentages are not the same for each type of offence.

Answer

The understatement penalty percentage is applied only to the shortfall of the tax.

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