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iol: Preference share and trust structure loophole closed by SARS

Phia van der Spuy examines SARS’ recent action to close the loophole by which taxpayers were able to circumvent Section 7C and advises them to consult an estate planner to ensure planning structures are compliant.

Phia is a FISA member, FPSA® and founder of Trusteeze, as well as the current recipient of the FISA Chairperson’s Award.

 

Read the piece here.