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Does devaluation of the rand cause a tax liability?

Posted 19 March 2014 under Tax Q&A


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If my overseas holdings increase in value solely due to devaluation of the rand, is such an increase taxable?

This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.

TaxTim TaxTim says:
20 March 2014 at 14:29

No this would not cause a direct tax effect on the value as is, but the value of your interest or dividends when earned could be greater and therefore the tax would be higher.


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