Asset for share transactions - 2024

Price:
R422.05 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Jeanmari van der Schyff
Duration:
120 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


Understanding the tax implications of any corporate restructuring transaction is not just crucial, it's a key factor that often determines the direction of the decision-making process.

This course is designed to provide you with the knowledge and tools necessary to navigate these complex tax considerations effectively.

This session will address the following:

  • Brief overview of the underlying concepts to consider in corporate restructuring:
  • Section 41 definitions
  • Contributed tax capital
  • Coverage of the main provisions from tax legislation dealing with asset for share transactions (types of transactions, requirements to qualify for certain tax relief):
  • Section 42 – Asset for share transactions
  • Section 43 – Substitutive asset for share transactions
  • Section 24BA and 40C – Anti-avoidance provisions
  • Practical issues with corporate restructuring
  • SARS BPR 399 anti-avoidance provisions