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Can I avoid CGT on the sale of EFTs if I move the proceeds directly into an RA.

Posted 26 November 2015 under Tax Questions



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Fusion says:
26 November 2015 at 16:33

I am 61 yrs. Old. I have been investing in ETF's as a form of retirement savings since mid 90's. I would like to move my total EFT's into an RA. Would SARS allow me to do this without without having to pay CGT on the "sale" of my EFT's.

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TaxTimTaxTim says:
26 November 2015 at 17:08

Unfortunately not, when you dispose of the ETF it will trigger a capital gains which would need to be paid.


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