South African Revenue Service - Value of Assets on 1 October 2001: Kruger Rand Prices
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You are here: Home… Tax Types… Capital Gains Tax (CGT)… Value of Assets on 1 October 2001: Kruger Rand Prices

Value of Assets on 1 October 2001: Kruger Rand Prices

Kruger Rands are excluded from the definition of personal-use assets, and the base cost of these coins as at valuation date (1 October 2001) must be determined.

The ruling prices of these coins on 1 October 2001 were:

KR R2750
KR HALF R1202
KR QUARTER R 602
KR TENTH R 295

Should a taxpayer wish to ascribe other values to these coins as at 1 October 2001, the valuation must be motivated and be accompanied by documentary proof.

 


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