In the context of South African taxation, which of the following statements best describes the tax treatment of income distributed by a trust to its beneficiaries?

Question

Accepted Answer

The income is taxed in the hands of the beneficiaries if distributed.

Answer

The income is taxed at a flat rate regardless of distribution.

Answer

The trust pays tax on the income, and beneficiaries are exempt.

Answer

The income is taxed in the hands of the trust only.

Crowdly

In the context of South African taxation, which of the following statements best...

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