CGT on the sale of a CC

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  • PieterPan
    Email problem
    • Aug 2012
    • 17

    #1

    [Question] CGT on the sale of a CC



    Hi All

    I am betaling with the CGT implication if a Member of a CC sells the CC. What will the base cost be?

    The cc traded as an electrician, no fixed property is involved and the member’s contribution is R100.

    Regards
  • CLIVE-TRIANGLE
    Gold Member

    • Mar 2012
    • 886

    #2
    The base cost is the member's contribution.

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