Announcement
07 Jul 2016
In July 2016, the South African Minister of Trade signed a new tax allowance for Nyanza Light Metals to manufacture titanium dioxide. 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
07 Jul 2016
Revocation date:
No revocation date
Announced: 07 Jul 2016
Tax or social insurance relief
In force
On 7 July 2016, the South African Minister of Trade signed a new deal that allowed for Nyanza Light Metals R5,450,000,000 in tax breaks to be spent on investments and personnel training related to the...
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