The donations tax and estate duty implications of section 56(1)(d) of the Income Tax Act
| dc.contributor.author | Jooste, Richard | |
| dc.date.accessioned | 2018-02-13T12:30:14Z | |
| dc.date.available | 2018-02-13T12:30:14Z | |
| dc.date.issued | 2004 | |
| dc.date.updated | 2016-01-15T10:00:50Z | |
| dc.description.abstract | Section 54 of the Income Tax Act 58 of 1962 imposes donations tax on the value of any property disposed of under any donation by any resident of South Africa.A ‘donation’is defined in s 55(1) as meaning ‘any gratuitous disposal of property including any gratuitous waiver or renunciation of a right’. Section 58 of the Act extends the meaning of ‘donation’ by deeming a disposal of property for an inadequate consideration to be a donation to the extent that the consideration is inadequate. | |
| dc.identifier.apacitation | Jooste, R. (2004). The donations tax and estate duty implications of section 56(1)(d) of the Income Tax Act. <i>South African Law Journal</i>, http://hdl.handle.net/11427/27563 | en_ZA |
| dc.identifier.chicagocitation | Jooste, Richard "The donations tax and estate duty implications of section 56(1)(d) of the Income Tax Act." <i>South African Law Journal</i> (2004) http://hdl.handle.net/11427/27563 | en_ZA |
| dc.identifier.citation | Jooste, R. (2004). The donations tax and estate duty implications of section 56 (1)(d) of the Income Tax Act: notes. South African Law Journal, 121(4), p-735. | |
| dc.identifier.ris | TY - Journal Article AU - Jooste, Richard AB - Section 54 of the Income Tax Act 58 of 1962 imposes donations tax on the value of any property disposed of under any donation by any resident of South Africa.A ‘donation’is defined in s 55(1) as meaning ‘any gratuitous disposal of property including any gratuitous waiver or renunciation of a right’. Section 58 of the Act extends the meaning of ‘donation’ by deeming a disposal of property for an inadequate consideration to be a donation to the extent that the consideration is inadequate. DA - 2004 DB - OpenUCT DP - University of Cape Town J1 - South African Law Journal LK - https://open.uct.ac.za PB - University of Cape Town PY - 2004 T1 - The donations tax and estate duty implications of section 56(1)(d) of the Income Tax Act TI - The donations tax and estate duty implications of section 56(1)(d) of the Income Tax Act UR - http://hdl.handle.net/11427/27563 ER - | en_ZA |
| dc.identifier.uri | http://hdl.handle.net/11427/27563 | |
| dc.identifier.vancouvercitation | Jooste R. The donations tax and estate duty implications of section 56(1)(d) of the Income Tax Act. South African Law Journal. 2004; http://hdl.handle.net/11427/27563. | en_ZA |
| dc.language.iso | eng | |
| dc.publisher.department | Department of Commercial Law | en_ZA |
| dc.publisher.faculty | Faculty of Law | en_ZA |
| dc.publisher.institution | University of Cape Town | |
| dc.source | South African Law Journal | |
| dc.source.uri | https://juta.co.za/law/products/3601-south-african-law-journal/ | |
| dc.title | The donations tax and estate duty implications of section 56(1)(d) of the Income Tax Act | |
| dc.type | Journal Article | |
| uct.type.filetype | Text | |
| uct.type.filetype | Image |