Work

The recent history of the taxation of trust income in South Africa

Year: 2024

Type: article

Abstract: It has been 30 years since South Africa held its first democratic election. This article investigates how the taxation of trust income has changed since the dawn of democracy in South Africa. These changes are also evaluated, keeping in mind the perspectives of both the government and the taxpayers. It is argued that some of the changes are positive and necessary from both points of view. However, other changes, especially after 2013, seem to have been made simply to discourage taxpayers from using trusts. What does this mean for the future of trusts?

Source: Trusts & Trustees

DOI: 10.1093/tandt/ttae064

Author: Izelle du Plessis

Institution: Stellenbosch University

Language: English

Topic: Taxation and Legal Issues

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: hybrid

Estimated APC paid: $4,269