Page 716 - SAIT Compendium 2016 Volume2

018
24 May 2010
Overseas incentive trips for employees with both business and private elements and related taxable bene t implications
Section 1, paragraph (i) de nition of ‘gross income’ and paragraphs 1, 2 (c), 2 (d),
2 (e), 8, 9 and 10 of the Seventh Schedule
019
28 May 2010
Accrual date of a liquidation bene t
Section 1, paragraph (e) de nition of ‘gross income’ and the de nition of ‘retirement fund lump sum withdrawal bene t’ and section 10 (1) (i) (xv) (bb)
023
29 October 2010
Tax consequences resulting from the demerger of a Swiss depository company
Section 1 de nition of ‘gross income’, section 22 and paragraph 11 of the Eighth Schedule
024
22 December 2010
Securities lending transactions - ‘Short selling’ of debt securities
Section 1 de nition of ‘gross income’ read with section 23 (g) and section 24J
025
25 January 2011
Income tax implications for employees or senior executives in relation to a share option plan or share appreciation rights plan
Note:
Replaced on 1 September 2014 to provide for textual changes and to correct ‘exercise’ to ‘vesting’ in the section 8C formulae - refer to the rst and second bullet points in paragraph 7. The original ruling issued to the Applicant and the Participant did not contain the mentioned error.
Section 1 de nition of ‘gross income’ paragraph (i), sections 8A, 8C and 10 (1) (o) (ii) (c) and paragraph 11A of the Fourth Schedule
031
14 October 2011
Income distributed by a discretionary trust and bene t units allocated to bene ciaries by virtue of employment Note:
The underlying principles con rmed in this ruling are currently under review. This ruling is only binding in respect of the speci c class members to whom it was issued and may not be relied upon by a third party
Sections 1, de nition of ‘gross income’, 8C and 10 (1) (k) (i)
034
15 May 2012
Taxation of exchange traded notes
Sections 1, de nition of ‘gross income’ and ‘trading stock’, 8 (4) (a), 11 (a), 22, 23 (g), 23B, 23H, 24C, 24J, 24L and 24M
035
2 November 2012
Tax implications arising from the conversion of par value shares to no par value shares
Section 1 (1), de nition of ‘gross income’ and paragraph 11 of the Eighth Schedule
043
20 February 2014
Antecedent cession of rights to future production rebate credit certi cates (PRCCs)
Section 1 (1), de nition of ‘gross income’
045
24 March 2015
Port retirement medical aid bene ts
Section 1 (1) de nition of ‘gross income’ paragraphs (c), (f) and (i)
048
14 September 2015
Deductibility of expenditure incurred by a portfolio of a collective investment scheme in securities
Sections 1 (1) de nition of ‘income’, 11 (a) 23 (f) and 25BA
042
7 February 2014
Preferred securities issued by a company registered in a foreign country
Sections 1 (1), de nition of ‘listed share’ and 10B (2) (d)
027
14 February 2011
Tips held for safekeeping by employers and subsequently paid over to employees at regular intervals
Paragraphs 1, de nition of ‘remuneration’ and 2 (1) of the Fourth Schedule
001
6 March 2009
De nition of equity instrument and restricted equity instrument
Section 8C
012
27 October 2009
Income tax implications attendant upon the vesting of an ‘equity instrument’ listed on a foreign stock exchange
Sections 8C, 6quat and 7 (1)