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2019 Webinar: Dealing with interest free loans (Section 7C)
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 Export to Your Calendar 2019/06/19
When: 19 June 2019
From 3:00pm until 5:00pm
Where: Online Webinar
South Africa
Contact: Thabelo Raivhogo
0129437002


Online registration is available until: 2019/06/18
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Overview

Section 7C has been around for some time but there are some significant changes to take note of. Loans to companies may now also be subject to section 7C. Does section 7C now preclude the use of loan funding? Debt write off, debt substitution and debt conversion to equity appears are all now taboo, or so it appears to be.

The purpose of this course is to provide guidance on the section 7C application, and the various compliance and planning issues faced by tax practitioners.


Course Content

1.       Loans to trusts and companies

2.       Interest rate and interest calculations

3.       Acquiring a debt

4.       Converting debt

5.       Interaction between section 7C and section 31

6.       Section 7 and section 7C – in conflict?

7.       Non-resident funders and beneficiaries – s7(8) and s7C as double tax? 


Presenter

Hugo Van Zyl

Hugo van Zyl is a chartered accountant and master tax practitioner, passionately committed to clients facing tax challenges. He is keen to assist either the resident or migrated taxpayer, his trusted accountant, auditor, his tax lawyer or the trustee of the family office or trust. Since qualifying and joining SAICA as CA(SA), some 30 odd years ago, Hugo joined SAIT as Master Tax Practitioners and STEP as Trust and Estate Practitioner. Since 1994 his focus has been on migrant taxpayers, be it the returning exiles, those departing for Perth, London, New York, Tel Aviv or Buenos Aires and Los Angeles. He is therefore closely involved in #Tax2020 facing Expats and succession and estate planning for diasporic families


CPD

This webinar and successful completion of the online assessment will secure 2 hours verifiable output TAXCPD points/units.


Event Investment

Free for Tax Technician Subscribers on the 2019 CPD subscribers. (Not yet a subscriber? Please click here for more information).

Member: R395

Non-member: R475

Company Price: R950

Please note the company price applies whenever more than one person will be watching a webinar concurrently from one connection, e.g. if a group is watching the webinar together in a boardroom.


Payments & Cancellations

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  • Only written notice of cancellation will be recognised.
  • Conditions
    • If the cancellation occurs more than 4 working days prior to the event no cancellation fee will be charged.
    • If the cancellation occurs less than 4 working days prior to the event a 100% cancellation fee will apply.
  • Delegates who book and fail to attend will be liable for the full event fee.
  • SAIT's liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.
  • Please click here for the full terms and conditions.

 

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