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BPR 193: Debt reduction by way of set-off

15 June 2015   (0 Comments)
Posted by: Author: SARS
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Author: SARS

This ruling deals with the repayment of shareholder loans by way of set-off. The loan outstanding from the subscription of a new issue of ordinary shares will be used to set-off against the amount outstanding under the shareholders loans.

Please click here to access the ruling (15 June 2015).

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