Price:
R476.10 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Carmen Westermeyer
Duration:
120 Minutes
Additionals:
R476.10 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Carmen Westermeyer
Duration:
120 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
This lesson covers the following:
- Tax consequences when debts go bad
The primary focus is the income tax consequences to the issuer and will cover the following sections:
- Understand what is meant by“ debt compromise resulting in a debt benefit”
- Understand the consequences of such a debt compromise
- Understand which exemptions are available
- A review of the administrative requirements of s19 and para12A.
- Understand how the relationship between the holder and issuer can impact the tax consequences.