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The Bsp Seminars eSeminar formula:
Buy the handout, attend for free! 

The Taxation of Trusts

Focussing on the practical issues facing those
unfortunate enough to have to do professional work for an SA trust.

Download an extract
from the Draft publication:
‘The Taxation of Trusts’ 2020 edition (nb2006)
Click here for a 100-page extract

The presentation will be based upon
an annotated copy of the handout shared with attendees.



The handout (PDF file):
The Taxation of Trusts
2020 edition. Currently in production. Delivered by email as PDF file.
R1,750, inclusive of Vat at 15%.
Buy the handout, attend the eSeminar for free.

All the statute law on the taxation of trusts,
their founders, planners and beneficiaries.

In the Bsp Seminars® ‘Book’ format.

(Subject to change without notice.)

Chapter 1 – The trustees’ duties
The status and capacity of trustees
The tax professional as agent
Introduction to the Tax Administration Act
Representative taxpayers
Introduction to the Income Tax Act
Introduction to the Value-Added Tax Act

Chapter 2 – What is a trust?
Common-law and statutory trusts
Patrimonial issues
Validity of a trust
Types of common-law trusts

Chapter 3 – The trust as taxpayer
What is a fiscal ‘trust’?
Fiscal trustees and beneficiaries
Imposition of the normal tax
Years of assessment for trusts
Tax base for the normal tax
The capital gains tax
Final word on the tax base
The Republic
Recapping ‘taxable income’
An anomalous system
Special ‘Schedule’ rates for trusts

Chapter 4 – Primary attribution
The inter-spousal rules
The redundant accrual rule
Acts of liberality
Capital gains tax attribution
Capping: income tax and the CGT
Attribution and recovery of tax
Attribution and returns

Chapter 5 – Secondary attribution
Income tax
Capital gains tax

Chapter 6 – Normal tax issues
How do distributions affect liability?
When is a trust a trader and when an investor?
Connected persons of a trust
Special CGT provisions affecting trusts

Chapter 7 – Other taxes
Under the Income Tax Act: general
Under the Income Tax Act: PAYE
Under the Income Tax Act: fringe benefits tax
Under the Income Tax Act: provisional tax
Estate duty
Transfer duty
Value-added tax

Chapter 8 – Offshore trusts
Income tax rules
Capital gains tax rules
Responding to the rules

Chapter 9 – Trust finance
Taxability and deductibility of interest
Loans as an act of liberality
Loan finance in trust structures

Chapter 10 – Special normal tax trusts
Disability special trusts
Youth special trusts
Special trusts: privileges
Personal service providers: definition
Personal service providers: sanctions
Closure rehabilitation trusts

Chapter 11 – The trust return
A clever document, probably underexploited

Register now!

As soon as it is ready, you will receive the handout as a PDF file
and, closer to the time, you will receive your electronic registration form
to attend the seminar electronically. 

Live webcasts only –  Dates & times:
28 July 2020: from 10h00 to 12h30
30 July 2020: from 14h00 to 16h30
Please indicate your preference.

Buy the handout, attend the eSeminar for free:
R1,750, inclusive of Vat at 15%.
Multiple attendees:
For firms and universities: R4,375,
inclusive of Vat at 15%.

Important notice:
While you can log in on your smartphone, we recommend that you rather use a laptop or PC, on account of large size of the handout, an annotated, shared version of which will be worked through during the eSeminar.

Important notice:
Subscribers to the Bsp Seminars Subscription Service participate in all seminars and receive all publications at no additional cost. They may also invite a guest participant, for only R510 for the guest.

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