Exam (elaborations)
TAX3703 EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS }
- Course
- Taxation of Estates
- Institution
- University Of South Africa
TAX3703 EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS }
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lOMoAR cPSD| 48680473[TURN OVER]
, lOMoAR cPSD| 48680473
2 TAX3703
May/June 2023
UNIVERSITY EXAMINATIONS
May/June 2023
TAX3703
Taxation of Estates
100 Marks
Duration: 2 Hours
(plus 30 minutes for upload)
[TURN OVER]
Downloaded by Vincent kyalo (norachloe17@gmail.com)
, lOMoAR cPSD| 48680473
3 TAX3703
May/June 2023
This paper consists of ten (10) pages plus the annexures (pp i – v).
IMPORTANT INSTRUCTIONS:
1. All amounts exclude VAT unless stated otherwise.
2. All persons mentioned are residents of the Republic of South Africa
unless stated otherwise.
3. SARS = South African Revenue Service.
The answering of this paper:
1. This paper consists of four (4) questions.
2. Answer all the questions.
3. Start each question on a new (separate) page.
4. Write your student number on the top of each page.
5. Show all workings, where applicable. Where an amount is subject to a
limitation, clearly indicate the application of the limitation. Where any
item is exempt from tax or not allowable as a deduction, this must be
indicated, and a brief reason provided. All amounts must be rounded to
the nearest Rand.
6. Proposed timetable (try as far as possible not to deviate from this
timetable):
QUESTION TOPIC MARKS
MINUTES
1 Executor's account 26 31
2 Estate duty 33 40
3 Capital gains tax 15 18
4 Estate planning and 26 31
donations tax
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, lOMoAR cPSD| 48680473
4 TAX3703
May/June 2023
Upload time 30
TOTAL 100 150
7. Using the Invigilator App on your cell phone, scan the QR code below at
the start of the examination session, i.e. at 8h00. The QR code will only
work for a limited time, so scan it as soon as you start the paper.
Please take note that The Invigilator App will
re- quest you take a picture of every page of
your
answer sheet at the end of the assessment.
Please take note that this does not
replace your formal scan and upload
to your Learning Manage- ment
System (MyExams).
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Downloaded by Vincent kyalo (norachloe17@gmail.com)
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