Page 20 - P6 Slide - Taxation - Lecture Day 1

Definition of an asset

1 Asset

Definition of an asset

Incl. capital and non-
Basically
ANY capital assets

• Property of any nature Fixed property, shares,

– movable or immovable machinery, vehicles, debt.
Intellectual property such
– corporeal or incorporeal. as trademarks, copyright

(excl. any currency, but incl. any coin made mainly from gold or

platinum)
eg. Kruger rands
AND

• Right/interest in a property eg. Land claims