Page 64 - P6 Slide Taxation - Lecture Day 7 - Various Topics

THE MEANING OF SOURCE

• The starting point to determine the source of income is

section 9, which contains the source rules.

• Common law (case law) remains only as the residual

method for categories of income not addressed by section

9, for instance rental income and income from annuities.

• The case law rule of originating cause will continue to be

used for such income.

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