n Tax Breaks Newsletter - Corporate reorganisations : new legislation
|Article Title||Corporate reorganisations : new legislation|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Mar 2008|
|Pages||6 - 7|
The 2007 Revenue Laws Amendment Act includes several changes to the corporate reorganisation provisions of the Income Tax Act, according to a recent Tax Alert from PricewaterhouseCoopers. These amendments are likely to have implications for groups of companies that have undertaken or are contemplating undertaking reorganisations using the corporate reorganisation relief provisions, says PwC.
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