menu close NewsContact Us search close
Global Site close
  • Americas
  • Asia Pacific
  • Europe
  • Middle East and Africa
ArgentinaArubaBahamasBarbadosBoliviaBrazilCanadaCayman IslandsChileColombiaCosta RicaCuracaoDominican RepublicEcuadorEl SalvadorGuatemalaHondurasMexicoPanamaParaguayPeruPuerto RicoSaint MartinSurinameUnited StatesUruguayVenezuela
AfghanistanAustraliaCambodiaChinaHawaiiHong KongIndiaIndonesiaJapanMacauMalaysiaMaldivesMongoliaMyanmarNepalNew ZealandPakistanPhilippinesSingaporeSouth KoreaSri LankaTaiwanThailandVietnam
AlbaniaAndorraArmeniaAustriaAzerbaijanBelgiumBulgariaCroatiaCyprusCzech RepublicDenmarkEstoniaFinlandFranceGeorgiaGermanyGreeceHungaryIrelandItalyKazakhstanLatviaLiechtensteinLithuaniaLuxembourgMaltaMoldovaNetherlandsNorwayPolandPortugalSerbiaSlovakiaSloveniaSpainSwedenSwitzerlandTurkeyUkraineUnited KingdomUzbekistan
AlgeriaAngolaBahrainCôte d’IvoireEgyptGhanaIraqJordanKenyaKuwaitLebanonLiberiaMaliMauritiusMoroccoMozambiqueNigeriaOmanQatarSaudi ArabiaSenegalSierra LeoneSouth AfricaTanzaniaTogoTunisiaUnited Arab EmiratesZimbabwe
Services
close Services
Tax
Services
Insights
close Insights
Insights
About Us
close About Us
About Us
Careers
NewsContact Us
search close

Trust Taxation and Non-resident Beneficiaries

Kent Karro
2024/02/15
In February/March 2023, in the Minister of Finance Budget presentation, a new regime was proposed for the taxation of trusts with non-resident beneficiaries.

It is now promulgated and part of our law that, with effect from 1 March 2024, any income and capital gains awarded to non-resident beneficiaries will not be taxed in South Africa in the hands of those beneficiaries but instead, in the hands of the Trust itself.

Read more