Supporting Documents for Approval of International Transfers (AIT)

What’s new? 1 August 2023 – Distribution of funds to non-resident Trusts by resident TrustsIt has been the practice of SARS not to approve the release of funds when resident Trusts make distributions to non-resident Trusts. Following queries in this regard, SARS herewith clarifies its stance on the matter and confirms that it will consider … Continue reading Supporting Documents for Approval of International Transfers (AIT)