1887

n Tax Breaks Newsletter - RAs and emigration

USD

 

Abstract

In terms of the proposed amendments in the recent Taxation Laws Amendment Bill currently before Parliament, the definition of "retirement annuity fund" has been extended to include: "That a member who discontinues his or her contributions prematurely shall be entitled to -- ....(dd) the payment of a retirement fund lump sum withdrawal benefit where that member officially emigrated from the Republic for exchange control purposes as determined by the South African Reserve Bank;"

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/content/montb/2008/268/EJC78455
2008-05-01
2016-12-06
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