by VDT Attorneys | Feb 21, 2024 | Donation, Donation tax, Tax, Tax Advisory, Tax liability, Tax planning, Wealth management
For tax purposes, a donation is defined as “any gratuitous disposal of property including any gratuitous waiver or renunciation of a right”. This means that the donation must be free or at no charge and should the donee (recipient) who receives a donation give...
by VDT Attorneys | Jan 16, 2024 | Tax, Tax avoidance, Tax evasion, Tax liability, Tax planning
In this article we take a look at what exactly is meant by the terms tax evasion and tax avoidance, the differences between the two, how one determines which is which, and factors to look out for that should immediately ring alarm bells. The Westminster DoctrineThe...