What tax implications making loan family, We have already seen in the most recent budget the proposal to categorise interest free loans to trusts as donations and it is not a big jump to see sars making all interest free loans donations..
Tax consequences company loans connected persons, The current article will focus on the provisions of section 64e(4), a section that determines the income tax consequences of low-interest or interest-free loans between companies and connected persons..
Fringe benefits – interest interest free loans, – interest interest free loan director company member close corporation, taxable benefit accrue loan , , result director’ share holding respect services rendered..
Low interest/interest-free loans trusts companies, Income tax act) levies donations tax charge rate 20% interest foregone respect affected loans, effect 1 march 2017. interest foregone calculated difference official rate interest ( 7.75%) interest ( ) charged loans..
Tax perils -interest interest-free loans – , Together cash dividends dividends specie, -interest loans brought dividends tax net deemed dividend provision 64e(4) income tax act . 58 1962..