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New tax incentives for companies in special economic zones to be introduced

|Proposed Changes|South Africa
South Africa

The government has proposed to introduce a new set of tax incentives for companies operating within "special economic zones". The proposal is contained in the Draft Taxation Laws Amendment Bill. The tax incentives are set to build on the existing policy for industrial development zones.

Companies operating in special economic zones will be eligible to claim accelerated depreciation allowance…

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