Attending the course and successfully completing the post-assessment, will grant you
1.5 hour/s verifiable CPD, recognised by the various
professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the
CPD certificate will only be issued once the post-assessment has been completed.
Web Based (Online)
JEANMARI VAN DER SCHYFF
jeanmari@probetatraining.co.za
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 the tax risk of companies and trusts and advise their clients appropriately.
This webinar will fully explain s 7C and other provisions related to loans involving companies and trusts. Participants will be able to evaluate the impact of the rules and the planning opportunities that pertain to loan accounts.
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.