An analysis of the appropriateness of the four funds approach for the taxation of life insurers in South Africa including a qualitative comparison to the recently enacted approach adopted in New Zealand and recommendations for improvement to the approach

Description

Section 29A of the Income Tax Act No. 58 of 1962 contains a special set of rules for the taxation of life insurers. These rules were originally enacted in 1993 and are commonly referred to as the four funds approach. The rules have remained largely unchanged since their original enactment despite ongoing changes in the life insurance industry in particular with regards to new product offerings.

Links & Downloads

1. http://hdl.handle.net/11427/11804

Tags

Taxation

Additional Fields

Identifer	oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uct/oai:localhost:11427/11804
Date	January 2011
Creators	Donaldson, Peter Allen
Contributors	West, Darron
Publisher	University of Cape Town, Faculty of Law, Department of Commercial Law
Source Sets	South African National ETD Portal
Language	English
Detected Language	English
Type	Master Thesis, Masters, MCom
Format	application/pdf