capital gains tax on sale of shares when married in community of propery

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  • Salomie
    New Member
    • May 2012
    • 2

    #1

    capital gains tax on sale of shares when married in community of propery

    Good day, please can someone tell me. When you are married in community of property and both spouses made a gain on selling of shares, does one treat it the same way as interest income, do you add the gain of bouth spouses and show the full amount in the tax returns? Please hope someone can assist?
  • geraldenek
    Silver Member

    • Jul 2008
    • 229

    #2
    You will need to add it together, complete the return with the full amount and just remember not to tick the box to exclude it from the communal estate
    Geraldene Kapp
    Professional Tax Help
    www.mytaxhelp.co.za

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