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BPR 133: Transfer of a residence out of a company to a natural person
- 17 January 2013
- Corporate Tax
- SAIT Technical
Important:
This article is based on tax law for the tax year ending 28 February 2013.
By SARS Legal & Policy
SARS recently issued Binding Private Ruling (BPR) 133.
This ruling deals with the capital gains tax and transfer duty consequences, for both the transferor and transferee, in respect of a residence to be transferred out of a company to a natural person who is a qualified transferee for purposes of the relief measures provided for under the relevant legislation.
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