Page 63 - Q&A
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assessment on and after 01 January 2021. The proposed amendments are
clearly aimed at closing what the Receiver perceives to be a loophole in section
7C and as such it can be expected that the Receiver will challenge structures
that fall foul of the amended section 7C should it be passed.
Should you have a preference share structure, it would be advisable to have
such reviewed timeously by your attorney.
Commercial
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