Taxand South Africa investigtes SARS’ recent release of the following binding private rulings (BPR), binding class ruling (BCR) and binding general ruling (BGR):
BPR 230: Disposal of an asset in terms of an asset-for-share transaction within 18 months of its acquisition in terms of an intra-group transaction
BPR 231: Corporate restructuring by way of asset-for-share and amalgamation transactions
BPR 232: Equity shares to be issued by resultant company as part of an amalgamation transaction
BPR 233: Transfer of a part of a business to a fellow subsidiary
BPR 234: Asset-for-share and unbundling transactions not regulated by sections 42 and 46
BPR 235: Income tax consequences for parties to an unbundling transactionBPR 235: Income tax consequences for parties to an unbundling transaction
BPR 236: Set-off of a loan account arising from an intra-group transaction to acquire equity shares
BPR 237: Reinstatement of a deregistered company to transfer immovable properties
BPR 240: TaxationBGR 34: Management of superannuation schemes: long-term insurers of parties to share index linked notes
BPR 241: Award received for a black economic empowerment training initiative
BCR 052: Income tax and securities transfer tax consequences for the shareholders of a listed company following an unbundling transaction
BGR 34: Management of superannuation schemes: long-term insurers
