Far-reaching proposed changes to the taxation of foreign trusts

The South African Draft Taxation Laws Amendment Bill, 2018 (the “Draft Bill”), which was published by the Minister of Finance on 16 July 2018, introduces many of the tax proposals announced in the 2018 Budget Review earlier this year. Consistent with the general trend of combatting perceived areas …

http://www.polity.org.za/article/far-reaching-proposed-changes-to-the-taxation-of-foreign-trusts-2018-08-22