ABC Trust v Commissioner for the South African Revenue Service (IT 24918)
ABC Trust v Commissioner for the South African Revenue Service (IT 24918) [2021] ZATC 13; 83 SATC 387 (18 March 2021)
The Tax Court held that capital gains vested in ABC Trust and immediately distributed to beneficiaries were taxable in the beneficiaries’ hands, not the trust’s.
- Capital Gains Tax
- Conduit Pipe Principle
- Income Tax Act Section 25b
- Eighth Schedule Interpretation
- Retrospective Application Of Amendments
- Capital-gains-tax