n Tax Breaks Newsletter - Trust proposals are as clear as mud : trusts
|Article Title||Trust proposals are as clear as mud : trusts|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||May 2016|
|Pages||6 - 8|
The 2016 Budget contained some cryptically-worded proposals relating to the taxation of trusts. These have not received much attention in the media, which is probably due to the technical nature of the proposals. On the other hand, trusts are a popular planning vehicle in South Africa, and a great deal of comment was elicited last year by the release of the Davis Tax Committee's discussion document on estate duty. The document proposed fundamental changes to the taxation of trusts.
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