Announcement
15 Jul 2015
In July 2015, the South African Minister of Trade signed a new tax allowance for Naledi Forging to manufacture trian locomotive and wagon wheels. 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
15 Jul 2015
Revocation date:
No revocation date
Updated: 15 Jul 2015
Tax or social insurance relief
In force
On 15 July 2015, the South African Minister of Trade signed a new deal that allowed for Naledi Forging R1,710,074,080 in tax breaks to be spent on investments and personnel training related to the ...
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