Taxand South Africa presents an update on recent rulings.
SARS has recently released, inter alia, the following binding private rulings (BPR), binding class rulings (BCR) and binding general rulings (BGR):
- BPR 217: Estate duty implications for non-resident individual investors
- BPR 218: Qualifying distributions to be made by a REIT
- BPR 219: Corporatisation of a collective investment scheme in property and an amalgamation followed by an asset-for-share transaction
- BPR 220: Contribution by a mining company to a trust pursuant to a share incentive scheme
- BPR 222: Foreign partnership – rebate in respect of foreign taxes on income
- BPR 223: Headquarter companies – acquisitions of shares and loans
- BPR 225: Hybrid debt instruments
- BPR 227: Share subscription transaction followed by two share repurchase transactions
- BCR 050: Tax consequences for unitholders in a REIT of an amalgamation transaction, followed by an asset-for-share transaction
- BCR 051: Taxation of employees participating in a perpetuity employee share incentive scheme
- BGR 11 (Issue 2): Use of an exchange rate
- Draft BGR: Electronic services supplied via intermediaries
Discover more: Recent binding rulings
Discover more: Tax in brief
Thank you for downloading
For similar content to our Global Guide, subscribe to our mailing list and keep up to date.
