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Donations tax on member's interest

Posted 25 February 2016 under Tax Q&A


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Steve says:
25 February 2016 at 10:34

Must I pay donations tax if I donate 49% of my members interest in a CC?

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

TaxTim TaxTim says:
25 February 2016 at 12:40

If the market value less than any consideration is greater than R100 000 then yes you will be subject to Donations Tax


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