Dividend cession and dividend distribution: The South African VAT implications

Dividend cession and dividend distribution: The South African VAT implications

Blog Article

An intuitive approach when considering the VAT implications of a Dryer Wall Mounting Bracket dividend cession, which relates to a share, could be to classify it as a financial service and thus exempt from VAT.The fact that debt factoring, another cession transaction, has been noted as an exempt supply could support the intuitive approach in favour of a financial service.Pursuant Dishwashing to different interpretations and in an attempt to triangulate evidence, the meaning of.