GAAR Series: An interesting South African judicial precedent on sale of shares, dividend stripping, and applicability of GAAR
By: Dr. Amar Mehta - May 18, 2018
This article analyzes an interesting case, wherein a South African court examined as to whether the sale of shares of a company could be regarded as a ‘dividend stripping’ operation, and whether the South African GAAR applied in such a transaction.
