The influence and effect of s 7 (the 'deemed income' provisions), s 25B and the donations tax provisions of the Income Tax Act, and the relevant provisions of the Transfer Duty Act, the Value Added Tax Act and the Estate Duty Act, on the establishment, utilisation and dissolution of testamentary and inter vivos trusts.

Description

The aim of this technical report is to serve as a handy expose of the relevant provisions of various statutes for attorneys, accountants and other advisors who have to deal with the relevant tax laws affecting the establishment, utilisation and dissolution of trusts. The South African Acts which are the subject of this technical report were promulgated on or before 31 December 1998. They are as follows:
• The Income Tax Act, No. 58 of 1962.
• The Transfer Duty Act, No. 40 of 1949.
• The Value Added Tax Act, No. 89 of 1991.
• The Estate Duty Act, No. 45 of 1955.
The principal South African taxes dealt with in this report are as follows:
• Normal Tax.
• Donations Tax.
• Transfer Duty.
• Value Added Tax.
• Estate Duty. / Thesis (LL.M.)-University of Natal, Durban, 1999.

Links & Downloads

1. http://hdl.handle.net/10413/5206

Tags

Trusts and trustees--South Africa.

Theses--Law.

Additional Fields

Identifer	oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:ukzn/oai:http://researchspace.ukzn.ac.za:10413/5206
Date	January 1999
Creators	Burne, Warren.
Source Sets	South African National ETD Portal
Language	English
Detected Language	English
Type	Thesis