Guide on valuation of assets for Capital Gains Tax purposes (issue 5)
SARS has published issue 5 of the guide on valuation of assets for Capital Gains Tax (CGT) purposes. It specifically addresses determining the market value of assets for CGT.
This guide provides general guidance on determining the market value of assets for CGT purposes.
The guide provides theoretical discussions, developments in case law and practical examples in respect of the topic.
Practical examples include the valuation of a controlling interest in a listed company; submission requirements for valuations of assets; and the valuation of a usufruct.
Find a copy of the Guide on asset valuations here.
06/08/2021