Loan accounts to and from companies and trusts have tax consequences that need to be carefully considered. Anyone managing the tax affairs of companies and trusts must be sure that they fully understand the tax rules so that they can manage their companies and trusts or advise their clients appropriately. SAIT MEMBERS: Access your member discount with us by consulting the member instructions BEFORE making a booking at http://probetatraining.obsysfiles.co.za/PBT/onlinepages/SAIT2022.pdf Should you be unsure as to whether you have updated your profile correctly, please contact us BEFORE making a booking. NO MANUAL DISCOUNTS OR CREDITS WILL BE ISSUED.

This webinar will fully explain s 7C and other provisions related to loans involving companies and trusts. Participants will understand these rules, be able evaluate the impact of the rules and the planning opportunities that exist. The webinar will also discuss loans made by trusts to others and some of the tax risks involved with loans to and from offshore trusts, using practical examples.

The webinar will cover the following: • Explanation of tax effects of loans to and from companies • Explanation of the section 7C deemed donation provision • Explanation of the section 64E(4) deemed dividend provision • Tax issues for offshore trusts and resident beneficiaries

Tax advisors, trustees, taxpayers, accountants, business owners and managers, bookkeepers and anyone else who deals with companies and trusts and their donors, funders and beneficiaries.