n Tax Breaks Newsletter - Transferee liable for tax debts of taxpayer? : asset transfer taxes
|Article Title||Transferee liable for tax debts of taxpayer? : asset transfer taxes|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Jul 2013|
|Pages||5 - 6|
If a person (transferor) transfers an asset to another person (transferee) for no consideration or for a consideration which is below the market value of the asset, tax consequences arise.
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