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Is there donation tax payable on a gift?

Posted 23 February 2016

Marcus says:
23 February 2016 at 14:40

I am selling local property and want to send my two non resident daughters R100 000 each as a gift. Does donation tax come into the picture?

TaxTim TaxTim says:
23 February 2016 at 23:01

Donations to non-residents are not taxable.

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