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BPR 151 - Renunciation of an Inheritance

Wednesday, 14 August 2013   (0 Comments)
Posted by: Author: SARS Legal and Policy
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Author: SARS Legal and Policy

On the 13th of August SARS released Binding Private Ruling 151 which deals with Renunciation of an Inheritance. This ruling deals with the donations tax, capital gains tax and estate duty consequences of the renunciation by a testator’s descendants of their rights to benefit under a will under which the testator’s surviving spouse also benefits.

To view the BPR please click here:



Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.

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