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Thistle Trust vs SARS (Constitutional Court)

Overview

A summary of the Thistle Trust v Commissioner for the South Africa Revenue Service (CCT 337/22) [2024] ZACC 19 (2 October 2024) case in which the court had to determine whether the conduit principle would apply in instances where a capital gain is distributed in multi-tier trust structure.

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AuthorSAICA (Nomvula Masehla: Project Director)
DivisionTax
Keywords
Conduit principle
Section 25B
capital gain
multi-tiered trusts
Categories
Tax
Date22 November 2024