OUTCOMES OF TOPIC After studying this introduction to the tax implications of deceased taxpayers and deceased estates and estate duty, you should be able to: ✓ Understand the tax consequences when a natural person passes away; ✓ Understand what the role of a deceased estate is; ✓ Understand the difference between a deceased estate and estate duty; ✓ Understand how income received after date of death will be taxed; ✓ Understand how assets will be distributed to heirs or legatees; ✓ Understand what estate duty is and who is liable to pay estate duty.
OUTCOMES OF TOPIC After studying this introduction to the tax implications of deceased taxpayers and deceased estates and estate duty, you should be able to: ✓ Understand the tax consequences when a natural person passes away; ✓ Understand what the role of a deceased estate is; ✓ Understand the difference between a deceased estate and estate duty; ✓ Understand how income received after date of death will be taxed; ✓ Understand how assets will be distributed to heirs or legatees; ✓ Understand what estate duty is and who is liable to pay estate duty.
OUTCOMES OF TOPIC After studying this introduction to the tax implications of deceased taxpayers and deceased estates and estate duty, you should be able to: ✓ Understand the tax consequences when a natural person passes away; ✓ Understand what the role of a deceased estate is; ✓ Understand the difference between a deceased estate and estate duty; ✓ Understand how income received after date of death will be taxed; ✓ Understand how assets will be distributed to heirs or legatees; ✓ Understand what estate duty is and who is liable to pay estate duty.