Global Trade Alert
Global Trade Alert

South Africa: Approves tax breaks for Siyanda Chrome Smelting Company to manufacture ferrochrome alloy

Announcement

10 Mar 2017

On 10 March 2017, the South African authorities issued Notice 209 of 2017 announcing the approval of a new tax allowance for Siyanda Chrome Smelting Company (Pty) Ltd to manufacture ferrochrome alloy. This follows the application submitted by the company under the 12I Tax Allowance Programme.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Oct 2016

Revocation date:

No revocation date

Announced: 10 Mar 2017
Tax or social insurance relief In force
On 18 October 2016, the South African authorities approved Siyanda Chrome Smelting Company's application for tax breaks for investments and personnel training for the project to manufacture Ferrochrom...
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