Announcement
21 Sep 2011
In September 2011, the South African Minister of Trade signed a new tax allowance for Arengo 316 to manufacture fermentable fuel grade ethanol. This deal falls under section 12I of South Africa's Income Tax Act.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
21 Sep 2011
Revocation date:
No revocation date
Updated: 21 Sep 2011
Tax or social insurance relief
In force
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 m...
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