Bad Debts: Effect On Exchange Gains Or Losses – Mondaq News Alerts (registration)

Bad Debts: Effect On Exchange Gains Or Losses – Mondaq News Alerts (registration)

Bad Debts: Effect On Exchange Gains Or Losses
Mondaq News Alerts (registration)
The irrevocability of a debt has tax consequences for both the lender and bor rower. These tax implications become more complex if the debt was denominated in a foreign currency. The South African Revenue Service (SARS) recently issued a draft …

Bad Debts: Effect On Exchange Gains Or Losses – Mondaq News Alerts (registration)