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BPR 138: Subscription For Shares At Nominal Values Coupled To A Repurchase Agreement At Same Value

20 March 2013   (0 Comments)
Posted by: Author: SARS Legal & Policy
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Source: SARS Legal & Policy

SARS recently issued Binding Private Ruling (BPR) 138.

BPR 138 deals with the income tax consequences relating to a subscription for shares at nominal values and the repurchasing of those shares in the future for the same nominal values.

This binding private ruling is valid for a period of 10 years from 20 December 2012.

Please click here to download BPR 138.


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