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Budget for 2011-12 – direct taxation

|Proposed Changes|South Africa
South Africa

The Budget for 2011-12 was presented to Parliament by the Minister of Finance on 23 February
2011. Details of the Budget, which unless otherwise indicated will apply from 1 March 2011, are
summarized below.

(a) Corporate taxation. Proposals include:

-   to introduce a dividend tax effective 1…


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