Announcement
18 Dec 2013
In December 2013, the South African Minister of Trade signed a new tax allowance for Gibela Rail Transportation Consortium (Pty) Ltd to manufacture railway train products. 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
18 Dec 2013
Revocation date:
No revocation date
Updated: 18 Dec 2013
Tax or social insurance relief
In force
On 18 December 2013, the South African Minister of Trade signed a new deal that allowed for Gibela Rail Transportation Consortium (Pty) Ltd R496,636,912 in tax breaks to be spent on investment...
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