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Global Trade Alert

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South Africa: Trade Ministry provides tax breaks for Arengo 316 worth USD 20 million

Description

On 21 September 2011, the South African Minister of Trade signed a new deal that allowed for Arengo 316 R554,152,151 in tax breaks to be spent in investments and personnel training related to the manu...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Sep 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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