SARS (somewhat) lifts prohibition on distributions from resident trusts to offshore trusts – Polity

SARS (somewhat) lifts prohibition on distributions from resident trusts to offshore trusts

SARS will now consider applications from South African-resident trusts for approval to distribute funds to non-resident trusts The South African Revenue Service (SARS) practice, until recently, has been to not approve any applications for the release of funds by resident trusts vesting and distribut…

https://www.polity.org.za/article/sars-somewhat-lifts-prohibition-on-distributions-from-resident-trusts-to-offshore-trusts-2022-10-24

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