Donations Tax – Part 1 of 4

November 14, 2012 in Uncategorized

What is donations tax?
Donations tax is tax payable on the value of property disposed of by a resident by means of a donation.

What is the rate?
Donations tax is levied at a flat rate of 20% on the value of the property donated.

http://www.sars.gov.za/home.asp?pid=181

 

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