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What percentage is payable from $5m inheritance?

Posted 18 July 2014 under Tax Questions

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Should I as a South African citizen inherit an estimated amount of $5000000 from a relative abroad, what percentage of tax would be applied or be payable by me?

This entry was posted in Tax Questions and tagged . Bookmark the permalink.

TaxTimTaxTim says:
18 July 2014 at 0:52

If it is a foreign inheritance then no tax would be payable.


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