Ceasing Tax Residency
Manage episode 444159367 series 3603568
Emigrating is more than just relocating; it comes with significant tax implications that every South African expatriate must consider. In this episode, Courtney Carstens, Expatriate Tax Consultant and Delano Abdoll, Legal Manager of Cross Border Taxation, delve into the foundational aspects of financial emigration for South Africans living abroad.
They will unpack the key tests for determining tax residency—the Ordinarily Resident Test and the Physical Presence Test—and walk through essential steps such as managing capital gains and obtaining the Approval International Transfer (AIT) Pin.
Understanding these processes is vital to ensuring compliance with SARS and avoiding any potential tax pitfalls. Tune in to gain valuable insights into understanding the complexities of tax residency and achieving a smooth financial emigration.
#TaxResidency #FinancialEmigration #ExpatTax #CeaseTaxResidency #AITPin #SARS
9 afleveringen