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News & Press: Corporate Tax

BPR 205: Meaning of “controlled group company” and “equity share”

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

This ruling determines the meaning of "equity share” and "controlled group company” with reference to a company that proposes to issue different classes of ordinary shares. It further determines the meaning of "investment income”, as defined in section 12E(4)(c). 

Please click here to view ruling (11 September 2015).


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