Show simple item record

dc.contributor.advisorCoetzee, Karina
dc.contributor.authorNiemand, Lizette
dc.date.accessioned2013-12-19T06:33:56Z
dc.date.available2013-12-19T06:33:56Z
dc.date.issued2012
dc.identifier.urihttp://hdl.handle.net/10394/9811
dc.descriptionThesis (MCom (South African and International Taxation))--North-West University, Potchefstroom Campus, 2013.
dc.description.abstractFunding requirements is one of the first criteria to consider when restructuring a business. Companies and taxpayers would choose the best option when acquiring shares to minimise tax liabilities. The purpose of this study is to formulate an interest deductibility test which provides guidance to taxpayers regarding the main criteria to investigate when restructuring a business transaction to ensure that interest will be deductible on the acquisition of shares with borrowed funds. The findings reveal the similarities and differences of the interest deductibility as seen by South Africa, Australia and Canada. This study will present the legislation as well as court cases in South Africa, Australia and Canada to demonstrate the interest deductibility principles when funds are borrowed to acquire shares when restructuring a business. The focus will be on these principles to provide guidelines from which taxpayers can determine the interest deductibility with respect to share purchasing transactions. The study will indicate recommendations to South African legislation based on the findings of alternative treatments applied by Canada and Australia.en_US
dc.language.isoenen_US
dc.publisherNorth-West University
dc.subjectInteresten_US
dc.subjecttax-deductibleen_US
dc.subjectsharesen_US
dc.subjectloanen_US
dc.subjectdividenden_US
dc.subjectacquisitionen_US
dc.subjectrestructureen_US
dc.subjectborrowed fundsen_US
dc.subjectinvestmenten_US
dc.subjectBEEen_US
dc.titleDeductibility of interest on the acquisition of shares when restructuring a business : alternatives for South Africaen
dc.typeThesisen_US
dc.description.thesistypeMastersen_US
dc.contributor.researchID11005815 - Coetzee, Karina (Supervisor)


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record