Announcement
23 Jul 2010
On July 23, 2010, South African Government implemented new legislation to create a framework for tax incentives to the benefit of industrial goods production in South Africa. For 2010 alone, R5.6 billion (USD 770 million) were budgeted by the Ministry of Trade and Industry for these incentives.
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Number of interventions
2
0 certainly harmful
2 likely harmful
0 liberalising
List of interventions
Implementation date
No implementation date
Revocation date:
No revocation date
Updated: 23 Jul 2010
Local content requirement
South African Government Gazette’s edition 33385 published on July 23, 2010, allowed for the amendment of the Regulations under section 12I of the Income Tax Act of 1962 to be changed. Such c...
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Updated: 23 Jul 2010
Tax or social insurance relief
On July 23, 2010, South African Government Gazette’s edition 33385 allowed for the amendment of the Regulations under section 12I of the Income Tax Act of 1962 to be changed. Such changes all...
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