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News & Press: SARS News & Tax Administration

BPR 149 - Disposal of an Asset That Constitutes an Equity Share In a Foreign Company

26 July 2013   (0 Comments)
Posted by: Author: SARS Legal and Policy
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Author: SARS Legal and Policy

On the 24th of July 2013 SARS released Binding Private Ruling 149 which deals with "Disposal of an asset that constitutes an equity share in a foreign company". This ruling deals with the tax consequences arising from a disposal of an equity share held in a foreign company to another foreign company in exchange for an equity share in that other foreign company.

To view the BPR please click here:


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