State dangles tax carrot for release or donation of land
Treasury and Sars in discussions to find incentives as SA grapples with great need for adequate human settlements
13 February 2025 - 05:00
High-level discussions between the Treasury and human settlement officials over tax incentives for landowners who release or donate their land for human settlement are taking place, with the latter pushing for its programmes to be zero-rated.
The department of human settlements in a white paper said its institutions would be encouraged to raise funding directly from the capital markets and be less reliant on grant funding as they enjoyed implicit government guarantees...
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