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News & Press: Corporate Tax

BCR 048: Deductibility of expenditure incurred by a collective investment scheme in securities

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

This ruling determines the deductibility of expenditure incurred by a portfolio of a Collective Investment Scheme in Securities (CISS) as defined in section 1 of the Collective Investment Schemes Control Act, No. 45 of 2002 (the CISC Act), from income retained by it.

Please click here to view ruling (14 September 2015).


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