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South Africa Consultation on Possible Forms of Wealth Tax

|Proposed Changes|South Africa
South Africa

The South African Revenue Service has published a call for submissions on possible wealth taxes for South Africa. The consultation is being held by the Davis Tax Committee, which invites submissions on the desirability and feasibility of the following possible forms of wealth tax:

  • A land tax;
  • A national tax on the value of property (over and above municipal rates); and
  • An annual wealth tax.

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