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Alfred (40 years old) is one of three beneficiaries of Trust A. The trustees decided to dispose of an office block, which was held to
Alfred (40 years old) is one of three beneficiaries of Trust A. The trustees decided to dispose of an office block, which was held to earn rental income. A capital gain of R520 000 was realised. The total profit was distributed to Alfred. The amount of R520 000 will be accounted for in Alfred's aggregate capital gain/loss for the year of assessment. Select one: True False
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