Print Page
News & Press: SARS News & Tax Administration

BPR 157 - ​Receipt of Foreign Assets And The Subsequent Donation Thereof To a Non-Resident Trust

Monday, 18 November 2013   (0 Comments)
Posted by: Author: SARS Legal and Policy
Share |

Author: SARS Legal and Policy

This ruling deals with the income tax consequences arising from, and the attribution rules applicable to a distribution of foreign assets to be made by two non-resident discretionary trusts to a beneficiary who is a resident of South Africa, and the subsequent donation by the beneficiary of such assets to another non-resident trust.

To view this 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.

  • Tax Practitioner Registration Requirements & FAQ's
  • Rate Our Service

    Membership Management Software Powered by YourMembership  ::  Legal