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JJMM Attorneys – Law Firm in the East Rand with offices in Kempton Park

DO I HAVE TO PAY CGT WHEN I SELL MY THINGS?

Individuals who are residents for the purpose of the Income Tax Act, 58 of 1962, are liable for CGT (capital gains tax) on the disposal of South African and foreign assets. In addition, non-residents who dispose of immovable property in South Africa are liable for CGT as well. What is a disposal of an asset? […]

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