Trusts
Trust Compliance 2026: Navigating the SARS Enforcement Crackdown
Duration: 2 hours
Price: R195.00
Title / Topic
Trust Compliance 2026: Navigating the SARS Enforcement Crackdown
Presenters : Paul Gering
Overview
This video tackles the real-world compliance issues hitting practitioners right now: the new section 7C Interpretation Note, ITR12T/IT3(t) cross-matching traps, dual beneficial ownership reporting, the section 25B conduit principle shake-up for non-resident beneficiaries, and the first major court judgment affecting trust structures. Viewers walk away with a practical compliance checklist for the 2026 filing season.
Video Content
- Section 7C in practice: SARS draft Interpretation Note and what it means for trust loan accounts
- The ITR12T/IT3(t) compliance net: How SARS is cross-matching trust and beneficiary returns
- Beneficial ownership: Navigating dual reporting obligations to the Master and SARS
- Section 25B amendments: Impact on trusts with non-resident beneficiaries
- GAAR after the first judgment: Substance over form in trust planning
- Penalties and personal liability: What trustees and advisors need to know now
Competencies Developed
- Understanding of trustees’ statutory and fiduciary duties
- Ability to identify and address trust tax compliance obligations
- Awareness of regulatory risk areas and potential penalties
- Practical insight into strengthening governance and compliance processes