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Showing 1 to 8 of 8 for “"Eighth Schedule"”.

  1. The extinction of 'intra-group' debt : a case study analysis of the interaction between sections 8(4)(m) and 20(1)(a)(ii) and the applicability of the eighth schedule to the Income Tax Act 58 of 1962

    A group finance company (or treasury company) is often established within a group of companies on the basis that all excess cash of the group will be deposited with that finance company and said finance company will act as a moneylender to the rest of the group. It is however not only the finance …

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  2. Capital gains tax in South Africa

    … Tax Act 58 of 1962 ("the Act") by means of an Eighth Schedule ("the Schedule"), with the effect that the levying, collection and administration of CGT al I take place in terms of the Act. The detail of much of the South African version of CGT is difficult to come to grips with, as many of the …

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  3. Employee share incentive schemes : an integrated approach

    … 10, 1 1 (a), 56 and the Fourth, Seventh and Eighth Schedules to the Act were also studied. Case law was considered where applicable. Other areas that were investigated include the impact of IFRS 2 on employee share incentive schemes, the requirements of the Companies Act, the JSE Listing …

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  4. Conversion of shares: the tax implications

    … the definition of the term 'asset' in the Eighth Schedule to the Income Tax Act, is it argued that no disposal takes place on the conversion of a share of a specific class into a different class. It is further argued that even if it is held that a disposal does take place on the conversion …

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  5. Conversion of shares: the tax implications

    … the definition of the term 'asset' in the Eighth Schedule to the Income Tax Act, is it argued that no disposal takes place on the conversion of a share of a specific class into a different class. It is further argued that even if it is held that a disposal does take place on the conversion …

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  6. Anti-avoidance, amendments and anomalies: The impact of select anti-avoidance provisions and their subsequent amendments on employee share incentive schemes operating through trusts

    … contained in sections 8C and 10(1)(k)(i) and the Eighth Schedule to the ITA, have evolved since their introduction, so as to: 1. address any anomalies and to close perceived loopholes identified in terms of these provisions; and 2. to clarify the circumstances in which these provisions will find …

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  7. Bitcoin Mining under the South African income Tax Act: a case for a common treatment

    … amended by virtue of the introduction of the Eighth Schedule as the embodiment of a tax regime based on the Haig-Simons comprehensive model of income. It is known as ‘Capital Gains Tax', or CGT, the tax base of which is all non-trade net accretions to wealth, subject to certain exclusions. In …

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  8. Reconciling the taxation of partnerships in South Africa relative to its legal recognition. Does South African income tax legislation adequately deal with the taxation of ordinary commercial partnerships?

    … Findings Section 24H and paragraph 36 of the Eighth Schedule to the Income Tax Act 58 of 1962 (“the Act”) deal adequately with the income and capital gains arising during the continuation of a partnership, as well as in the event of a change in the profit and loss sharing ratios of the …

    cape-town Repository record for Reconciling the taxation of partnerships in South Africa relative to its legal recognition. Does South African income tax legislation adequately deal with the taxation of ordinary commercial partnerships? (opens in a new tab)