Paradox of SA amnestied trusts

The traditional use of an offshore trust to safeguard an individual's wealth and facilitating its enhancement and safe passage to future generations has been shaken for South African residents who are associated with a trust that took amnesty. The strange taxation treatment of amnestied trusts for South African residents means trustees now need to consider the taxation impact for settlors of certain assets. Are trustees of amnestied trusts aware of the taxation impact of assets the trust holds? A trust involves an individual giving away the legal title of assets to a trustee providing ...