Intellectual Property Rights from Publicly Financed Research and
R 385
Income Tax Act, 1962 (Act No. 58 of 1962)Chapter II : The TaxesPart V : Donations Tax57. Disposals by companies under donations at the instance of any person |
If—
| (a) | any property is disposed of by any company at the instance of any person; and |
| (b) | that disposal would have been treated as a donation had that disposal been made by that person, |
that property must for the purposes of this Part be deemed to be disposed of under a donation by that person.
