South Africa Case Law

Tuck v Commisioner for Inland Revenue (45/88)

Tuck v Commisioner for Inland Revenue (45/88) [1988] ZASCA 45; [1988] 2 All SA 453 (A) (16 May 1988)

Court

Supreme Court of Appeal

Case number

45/88

Judges

Corbett, Van Heerden, Smalberger, Vivier, Boshoff

The Appellate Division held that shares received under a management incentive plan were partly for services and partly for a restraint of trade, so only half was taxable.

• Income Tax Assessment
• Capital Vs Revenue Receipt
• Apportionment Of Receipts
• Income-tax
• Capital-v-revenue
• Apportionment