Tag: connected person
When can losses on shareholders’ loans be claimed as a tax...
It is an inevitable consequence when operating in a distress economy, such as we find ourselves in South Africa these days, that shareholders will find themselves disposing of companies for less than they paid for them, whether the companies were formed or purchased by those shareholders.
SARS attacks low no-interest loans!
Low-interest or no-interest loans to trusts are again in the sights of SARS and the Treasury.
The 2017 Draft Taxation Laws Amendment Bill (Draft TLAB)...
