The tax deductibility of contingent liabilities transferred in the sale of a going concern
Master Thesis
2012
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University of Cape Town
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Abstract
The debate around the deductibility of transferred contingent liabilities, when a business is sold as a going concern has been raging for many years with no definitive guidance provided in legislation and limited court decisions on the issue, with the exception of the recent Ackermans Ltd v CSARS ("Acermans case") judgment and BCR 029 issued by SARS.
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Includes bibliographical references.
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Jacobs, A. 2012. The tax deductibility of contingent liabilities transferred in the sale of a going concern. University of Cape Town.