A buy and sell agreement is a legally binding contract that stipulates how a partner’s share of a business may be reassigned if that partner dies or otherwise leaves the business. Most often, the buy and sell agreement stipulates that the available share be sold to the remaining partners or to the partnership. Buy and sell agreements …
Daily Archives: November 4, 2021
Tax Migration
WHAT IS TAX MIGRATION ? Physically emigrating does not necessarily mean that a person’s South African tax residency terminates. You need to formally inform SARS of your intent to cease to be a tax resident. South Africa has a “ residence- based “ tax regime system and considers time spent in the country, your …