I have a private company where the shares are owned 100% by my Intervivos Trust. The company owns property which is let out. I am thinking of selling 20% of the shares that the trusts owns. Is it possible to allocate the full capital gain on the sale of the trust's shares to the beneficiaries so that the inclusion rate is 25% in their personal capacities and they then are taxed at their tax rate?Please would you provide me with a calculation based on these figures. Base cost: R 5,000,000 and selling price R 10,000,00. There are 3 beneficiaries in the trust.
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Hi RachalPlease would you assist me, I still haven't received a response.Thank you so much for your assistance.Regards,Deryck Umpleby
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