WebSection 42 is a helpful tax planning tool, and is widely used to capitalise companies, set up joint ventures and restructure groups of companies. However, its interplay with certain … Web22 Apr 2024 · Leasing property; Leasehold enfranchisement. A notice under section 42 of the Leasehold Reform, Housing and Urban Development Act 1993 states that the date by which the landlord must respond to the notice by giving a counter-notice under section 45 is ‘not less than two months after the date of receipt of this Notice’.
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Web30 Sep 2016 · THE South African Revenue Service (SARS) has warned shareholders that in using section 42 of the Income Tax Act to defer capital gains tax CGT) proceeds could be … WebAn instrument which has the effect of passing a beneficial interest in property between bodies corporate in the same group, which would otherwise be chargeable with Stamp Duty as a transfer on... great quotes on humility
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Web19 Jan 2024 · Section 42 of the Income Tax Act, No 58 of 1962 (Act) allows taxpayers to transfer assets to a company free of immediate tax consequences, provided certain … Web7 Jul 2024 · Section 42 or ‘asset-for-share transaction’ allows shareholders to transfer their shares in a company (the assets that are being sold) to another company, in which the last-mentioned company will issue shares in return for the assets it received. WebTransfer of Land Act 1958 . No. 6399 of 1958 . Authorised Version incorporating amendments as at 14 February 2024 . TABLE OF PROVISIONS . Section Page . 1 Short title and commencement 1 3 Application of other laws etc. 1 4. Definitions 2 Part I—The Office of Titles . 16 5 Registrar of Titles 16 6. Certain signatures to be judicially noticed 17 floor tile contractors installer