n Tax Breaks Newsletter - Forming a trust : horses for courses : trusts
|Article Title||Forming a trust : horses for courses : trusts|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Jan 2015|
|Pages||5 - 6|
What is a trust? The answer may seem obvious, but in practice many people get confused as to exactly what a trust is, and what such a structure is meant for. In this article, we examine the various types of trust recognised under the South African common law, as well as where the Income Tax Act fits in.
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