Distribution of Funds: Resident Trusts to Non-Resident Trusts
The South African Revenue Service (SARS) along with the South African Reserve Bank (SARB) recently announced that they would consider applications by South African trusts to make distributions to offshore trusts. It had been the practice of SARS not to approve the release of funds when resident Trusts make distributions to non-resident Trusts. Following queries in this […]
Distribution of Funds: Resident Trusts to Non-Resident Trusts Read More »