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SOUTH AFRICA INFORMATION: LOW-TAX AND INCENTIVE REGIMES
G20 Countries Resist Protectionism
Last updated 29 hours ago | Wednesday, March 10, 2010
The Organization for Economic Cooperation and Development, the World Trade Organization and the United Nations’s Conference on Trade and
Development have reiterated their calls on leaders of the G20 countries to resist
protectionism, or the prospects for economic recovery may be wiped out.
IFRS Training Offered For SMEs
Thursday, March 04, 2010
The International Accounting Standards Committee Foundation has published the second batch of training material for the International Financial Reporting Standard for Small and Medium-sized Entities.
South African Trade Unions Call For Wealth Tax
Monday, March 01, 2010
During a parliamentary committee meeting following the announcement of the South
African 2010/11 budget, the Congress of South African Trade Unions proposed
a wealth tax in order to raise revenue for alleviating poverty in the country.
IMF Paper Advises On Fiscal Support Exit Strategies
Thursday, February 25, 2010
A new report from the International Monetary Fund has analyzed the ramifications
of removing stimulus from the globe’s economies, and has recommended stimulus
exit strategies depending on individual situations. In general, the Fund
has recommended that faster growing emerging market economies should begin fiscal
consolidation immediately, while advanced economies, in general, should wait.
No Increase In Net Taxation In South African Budget
Thursday, February 18, 2010
South Africa’s Finance Minister, Pravin Gordhan, in his budget speech for
the 2010/11 fiscal year, warned that taxes may have to be raised in the future
to fund the country’s public spending commitments, but the government does
not propose to raise the overall tax burden this year.
International Patent Filings Dip Amid Global Downturn
Thursday, February 11, 2010
International patent filings under the World Intellectual Patent Organization's Patent Cooperation Treaty fell by 4.5% in 2009 with sharper than average declines experienced by some industrialized countries amid tougher economic conditions, although there was growth in filings in a number of East Asian countries.
South African Accountants Give 2010 Budget Advice
Monday, February 01, 2010
The South African Institute of Chartered Accountants has provided its
advice to the Finance Minister, Pravin Gordhan, for when he presents South Africa’s
2010 budget to parliament on February 17.
European Parliament ACP Report Targets Tax Havens
Monday, January 25, 2010
The European Parliament has called on the European Commission and the governments of the African, Caribbean and Pacific states to 'include the fight against abuse of tax havens, tax evasion and illicit capital flight as a matter of priority' in the revised Cotonou Agreement, which governs relations between the European Union and the ACP states.
FOREIGN
INVESTMENT IN SOUTH AFRICA - By
Caroline Maxwell, London This article examines South Africa's
position in the international investment
community in 2005. We look at the current
business infrastructure, and the country's
strengths, weaknesses, and growth areas. INVESTMENT
INCENTIVES IN SOUTH AFRICA -
By Caroline Maxwell, London
In this article we look at some of the major tax privileged investment opportunities
offered by the South African government to encourage foreign direct investment. OUTWARD
INVESTMENT FROM SOUTH AFRICA - THE OFFSHORE
PERSPECTIVE -
By Jason Gorringe,
London In this
article, we look at the international
investment possibilities for South African
residents and corporations.
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