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Donations Tax Deadline: 31 March


2021-04-06

Donations Tax Deadline: 31 March

A registered South African trust can be used as a risk management tool. As such it is common for a trust to enter into a transaction whereby assets are acquired from a connected person to the trust. Often the Trust does not have the cash to pay for the asset outright, the asset is then purchased by the trust by way of a loan account.

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