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No dividends tax is payable on the profits that were paid out to the head office as ABN Amro NV is a non-resident company (incorporated and effectively managed in the Netherlands). Question 7.13 No dividends tax is payable on the profits that were paid out to the head office as ABN Amro NV is a non-resident company (incorporated

Why was the rebate of R12 726 not deducted? No rebates are deductible against the turnover tax. The rebate can only be deducted from normal tax. 2. Will the sale of the property be subject to any tax? A capital gains tax calculation still needs to be submitted with regards to 80% of her primary residence not used for business purposes. The normal tax rules will apply (as the value of the property sold is less than R2 million

Discussion of the application of section 80A In terms of section 80B, any arrangement may be disregarded if, in the opinion of the Commissioner, the effect is to obtain a tax benefit. Yet, before section 80A can successfully be applied, the following requirements must all be present. The factors or requirements referred to above are the following: • The existence of an arrangement.

If Harry and Sue Baloy had been married in community of property, the rental income would have been divided equally between them and each would have had to include the amount of R40 000 (R50 000 income – R10 000 expenses or R80 000 / 2) in their respective taxable incomes.

Step 1: Request the reasons for the assessment from SARS. Step 2: SARS must provide reasons in writing within 30 business days of the receipt of notice. Step 3: The tax practitioner must make an objection within 30 business days of the date of the assessment or reasons were furnished by SARS (if reasons for assessment have been requested), on an NOO or ADR 1 form. Step 4: The Commissioner must, upon receipt of the notice of objection, either

Question 1 Climate change mitigation refers to the measures in place to reduce and stabilize the concentration of greenhouse gases (GHGs) in the earth’s atmosphere, and prevent the concentration of GHGs from increasing to a level that would pose a danger and interfere with the climate’s system (OECD, n.d.). It refers to the methods aimed at preventing the emission of gases and reduce the magnitude of global warming in the future while also removing GHGs from the earth’s atmosphere (BBC,...

COM3705_ASSIGMENT_ Introduction In this assignment the first focus is on migration as a concept, concentrating on why people migrate, the pull and push factors in relation to migration and the possible solutions to problems caused by international migration crises. We will then focus on the factors influencing global flow of news. The elaboration will be on the interactions between center and the periphery, defining the three forms of imperialism that may have influence on international audie...

This assignment sets out to investigate how the employment relations strategy and policies at G4S should align to the overall strategy determined by the organization’s vision, mission and core values in order for the business to have a competitive advantage over its competitors in the market it is operating in. There are several grand strategy options for employment relations management, we will investigate which strategy is followed at G4S and discuss how this strategy will affect the labour ...

Yes, every time an asset is sold a capital gains tax calculation must be done. The proceeds will be reduced by the recoupment, if there is a recoupment. The base cost will be reduced by wear-and-tear allowances claimed as well as the