Understanding the tax implications of any corporate restructuring transaction is not just crucial, it's a key factor that often determines the direction of the decision-making process.
This course is designed to provide you with the knowledge and tools necessary to navigate these complex tax considerations effectively.
This session will address the following:
• Brief overview of the underlying concepts to consider in corporate restructuring:
o Section 41 definitions
o Contributed tax capital
• Coverage of the main provisions from tax legislation dealing with asset for share transactions (types of transactions, requirements to qualify for certain tax relief):
o Section 42 – Asset for share transactions
o Section 43 – Substitutive asset for share transactions
o Section 24BA and 40C – Anti-avoidance provisions
• Practical issues with corporate restructuring
o SARS BPR 399 anti-avoidance provisions
All entities and tax practitioners who are engaged in corporate restructuring transactions, as well as auditors, might benefit from this course.
