Donations tax on member's interest

By Nicci Courtney-Clarke · Updated

Steve

Steve said:
25 February 2016 at 10:34

Must I pay donations tax if I donate 49% of my members interest in a CC?
TaxTim Nicci

TaxTim Nicci said:
25 February 2016 at 12:40

If the market value less than any consideration is greater than R100 000 then yes you will be subject to Donations Tax