Page 10 - F6 - Capital Gains Tax - Base Cost
P. 10
Solution: Donations
Base cost
Base cost excluding donations tax R750 000
Portion of donations tax paid by donor,
calculated in terms of par 22:
Y = (M – A)/M × D
= (R1 250 000 – R750 000)/R1 250 000 × R230 000 = R92 000
R842 000
