Page 28 - P6 Slide Taxation - Lecture Day 2 - Trust
P. 28

Section 7(2)








                                     Excessive amounts paid from trade

                                     income OR

                                     income-producing assets are donated
                                     with sole or main purpose of reducing

                                     tax liability





                                                            Donation                                       TRUST
                        Donor













                                                                      Donor is                                   Spouse

                                                                        taxed





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