Page 86 - P6 Slide Taxation - Lecture Day 7 - Various Topics
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Source of amounts received from a
retirement fund
• The source of lump sum payments, pensions or annuities
received from pension funds, pension preservation funds,
provident funds or provident preservation funds depends
on where the services, in respect of which the amounts are
received, were rendered.
• These amounts will be from a South African source if the
services were rendered in South Africa (s 9(2)( i )).
• If the services were rendered partly in South Africa and
partly abroad, the source must be apportioned based on
the period that services were rendered in South Africa to
determine the South African sourced amount (proviso to s
9(2)( i ))
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