The South African Revenue Service (SARS) has historically been reluctant to approve the release of funds when resident trusts distribute to non-resident trusts. However, following numerous enquiries on this matter,…
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Trusts are common financial tools in South Africa for managing and protecting wealth, but when it comes to tax, things can get a bit tricky, especially if some of the…
Trusts have been used in South Africa since the 1800s, and became a popular way to manage assets, given that they offered a variety of benefits including asset protection, tax…