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Donations Tax (BACKGROUND (imposes tax on persons who may want to donate…

- - - - Donation made in contemplation of death
      - Donor undertakes that the property will go to the donee if he dies
    - - Before the donor became resident for the first time
      - by inheritance from a non- resident
      - Out of funds from the disposal of exempt property
  - - - Donations tax is not payable on casual gifts made by the donor
      - :smiley:Should not exceed R10 000 in value
      - If the period is less than or more than 12 months, the R10 000 limit must be adjusted appropriately
    - - :smiley: Annual exepmtion of R100 000
      - On all sum of values of all properties
    - - So much of bona fide contributions made by the donor towards the maintenance of any person as the commissioner considers reasonable, are exempt from donations tax
- - - - commissioner's discretion her is NOT subject to objection and appeal