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TAX EXEMPTION OF BULK PAYMENTS TO FORMER MEMBERS OF CLOSED RETIREMENT FUNDS: DRAFT NOTICE OUT FOR COMMENT
- 08 March 2023
- Taxation
- SA Legal Academy
National Treasury has called for input by 6 April 2023 on a draft exemption notice intended to ensure ‘consistent tax treatment in respect of all bulk payments … made by … fund administrators to (the) former members of closed retirement funds’. According to the accompanying media statement, this would be on the understanding that certain requirements are met.
Published by SA Legal Academy Policy Watch
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