Understanding Trust Taxes 2020


Date: Aug 19, 2020 - Aug 19, 2020

CPD hours: 5 Hours

Time: 09:00 - 14:00

Event Type: Webinar

Presenter: Carmen Westermeyer

The taxation of trusts is an area that is often poorly understood. For many years, this did not negatively impact taxpayers, as taxpayers had a lot of freedom to structure trusts in such a way to obtain a tax advantage through effective estate planning.

Overview

The taxation of trusts is an area that is often poorly understood. For many years, this did not negatively impact taxpayers, as taxpayers had a lot of freedom to structure trusts in such a way to obtain a tax advantage through effective estate planning. This is certainly no longer the case. The aim of this webinar is to look at the fundamental principles of trust taxation and how these impact the donors, beneficiaries and any other impacted parties. We will explore the tax consequences that could unexpectedly arise for donors and what donors should consider when donating to a trust. We will also discuss the risk areas and how these risks should be mitigated in order to protect the relevant parties involved, especially when financing is provided to trusts


Course Content:

This seminar will cover the following areas

  • The principles of trust taxation
    • Income
    • Expenses
    • Distributions
  • Anti-avoidance and trusts
  • Attribution rules related to trusts (income and capital rules)
  • The impact of section 7C
  • Tax consequences for beneficiaries
  • Tax consequences for donors
  • Tax consequences of offshore trusts

CPD

This event and successful completion of the online assessment will secure 5 hours verifiable output Tax CPD points.


Event Pricing

100% discount for 2020 Tax Pracitioner and Tax Accountant CPD subscribers. Not a CPD subscriber yet? Click here to register now

Other members: R575.00

Company Price: R950.00


Payments & Cancellations

  • All payments must be made by EFT or by credit card, at least 3 working days before commencement of an event.

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  • Proof of payment will be requested at registration, if payment at that point in time has not been reflected on SAIT's bank account.

  • Only written notice of cancellation will be recognised.

  • Cancellation Conditions:

    • If the cancellation occurs more than 4 working days prior to the event no cancellation fee will be charged.

    • If the cancellation occurs less than 4 working days prior to the event a 100% cancellation fee will apply.

  • Delegates who book and fail to attend will be liable for the full event fee.

  • SAIT's liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.

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Venues & Dates

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