Section 42: What is it not? (Part 2)

<p>Section 42 of the Income Tax Act provides relief for asset-for-share transactions. In this episode, I discuss some anti-avoidance rules to consider when dealing with asset-for-share transactions.</p><p>You can contact me at <a href="mailto:pieter@pvdz.co.za">⁠pieter@pvdz.co.za⁠</a> if you have any feedback on the episode or require tax advice.</p><p>My website contains more resources and articles that may interest you  – <a href="https://tax.pvdz.co.za/">⁠https://tax.pvdz.co.za⁠</a>. You are welcome to take a look!</p>