When is a trust not a trust?

When is a trust not a trust?

AUTHOR: STEVEN JONES   When can the provisions of a trust deed be set aside?  When you don’t stick to the rules   FAR TOO many people pay their accountant or attorney a visit, draw up a boilerplate trust deed, sign on the dotted line, and think that this...
What to do when tax is not cut and dried

What to do when tax is not cut and dried

AUTHOR: STEVEN JONES   Do you have a complex transaction, and don’t know which way SARS will go?  Ask them upfront!   MANY ENTITIES enter into complex transactions where the tax issues are not cut and dried, but the risk of SARS ruling against them is too...
Decisions made “for tax purposes”

Decisions made “for tax purposes”

AUTHOR: STEVEN JONES   When they make sense, and when they don’t   WHENEVER ONE makes any financial decision, there are many factors that need to take into account.  Tax is one such factor.  That said, many people have such a visceral dislike for paying tax...