Tax regime for special economic zones to be tweaked in draft bill
Treasury's Yanga Mputa says the anti-avoidance, anti-profit-shifting measures in the draft bill relating to SEZs will be withdrawn
18 September 2019 - 16:18
The Treasury has made alternative proposals to the tax incentive regime for companies based in special economic zones (SEZs) after receiving several objections to its proposed changes.
The Treasury's chief director of legal tax design, Yanga Mputa, told Parliament’s finance committee during a briefing on a raft of tax-related draft bills that a number of changes would be made to the draft Taxation Laws Amendment Bill, to take account of the views expressed on SEZ taxation...
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