South Africa Case Law

B v Commissioner for the South African Revenue Service (13395)

B v Commissioner for the South African Revenue Service (13395) [2021] ZATC 5; 83 SATC 545 (23 April 2021)

Court

Tax Court

Case number

13395

Judges

L R Adams, F Venter, I Nkama

Tax Court CGT appeal on sale of shares: proceeds accrued in 2009, base cost derived from amnesty valuation, and the assessment was altered accordingly.

• Capital Gains Tax
• Base Cost Determination
• Exchange Control Amnesty
• Assessment Alteration
• Additional Tax Penalty
• Interest On Underpayment