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Tax liabilities on overseas inheritance?
Posted 30 November 2014
I got an inheritance overseas following my father passing away. What are my obligations to SARS regarding declaration, any possible tax liabilities etc.
TaxTimsays: 30 November 2014 at 20:01
There will not be any tax liabilities on the actual inheritance received. The estate itself will be paying tax on some of the assets held in the estate.