Write-offs 924. Deduction of great interest on Shareholders’ financial loans – situation legislation August 2001

Write-offs 924. Deduction of great interest on Shareholders’ financial loans – situation legislation August 2001 C:SARS v Scribante Construction (Pty) Ltd (62 SATC 443) In this instance, the taxpayer announced a dividend to its investors by crediting their particular mortgage reports. The taxpayer subsequently reported the interest settled regarding the investors financing records as a […]