South African tax residents are taxed on their worldwide income. Therefore CGT arising from the sale of offshore assets would need to be declared in your local SA tax return provided you are tax resident in South Africa.
Pietsays: 17 February 2016 at 14:05
Thanks for a great answer! Question answered!
TaxTimsays: 18 February 2016 at 13:02
Glad we could assist!
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