South Africa: Timing Of Asset Disposals And Accrual Of Proceeds – Mondaq News Alerts (registration)

South Africa: Timing Of Asset Disposals And Accrual Of Proceeds – Mondaq News Alerts (registration)

South Africa: Timing Of Asset Disposals And Accrual Of Proceeds
Mondaq News Alerts (registration)
The timing of disposals of assets and the resulting accrual of the proceeds have been contentious aspects over the years. In a recent case decided in the Cape Tax Court it was held that s 24(1) applies to cash transactions. As a result, the date when

South Africa: Timing Of Asset Disposals And Accrual Of Proceeds – Mondaq News Alerts (registration)