Tax effects of debt waivers and debtors

Price:
R310.50 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Professor Arendse
Duration:
75 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


There are significant and complex tax effects on the waiver of debt and in the current economic climate, this is happening on a more regular basis.

Debt waivers also arise in corporate reorganisations. Also related to debt, the debtors allowance in s 11(j) has been substantially amended.

This lesson will explain the new debtors provision and the tax effects of debt waivers in clear, a understandable way and supported with practical examples.

Lesson Content:

Participants will know the new debtors allowance and the tax effects related to debt and debt waivers.