Contract Law: Applying the abstract theory in property transfers
In transactions where immovable property is sold and transferred, ownership will only be transferred when there is an agreement of sale (which may be regarded...
Tag: donations
Interest free loans and trusts
The recent introduction of section 7C to the Income Tax Act brought the taxation of trusts, and the funding thereof specifically, under the spotlight again. Briefly,...
How to get the most out of Charitable Donations
This article explains the different types of legal entities that charitable donations can be made to and the tax consequences of those donations. The aim...
Proposed changes to interest-free loans to trusts
The draft Taxation Laws Amendment Bill, 2016 (TLAB) was published on 8 July 2016 and contains an interesting proposed amendment to the tax laws governing...
