Secondary

Author Archive | Lovemore Ndlovu and Martin Bezuidenhout

property-transaction

Tax implications of property transactions involving non-residents

There are no restrictions on tax non-residents acquiring and selling immovable property in South Africa. However, buyers and sellers should be aware of the tax requirements when property is sold to non-residents. In terms of section 35A of the Income Tax Act, if the seller of the immovable property is not a tax resident of […]

Continue Reading
SA Corona Virus Online Portal Logo
CLICK HERE FOR MORE INFORMATION