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South Africa pushing ahead with carbon tax
South Africa pushing ahead with carbon tax

South Africa's strategy to make a contribution towards greenhouse gas (GHG) emission mitigation was adopted by government in 2011 when the South African Cabinet approved the Carbon Tax Policy Paper. This was after the commitment made by South Africa at the 2009 Copenhagen Conference of Parties to undertake appropriate national actions to curb GHG emissions by 34% by 2020 and a further 42% by 2025.

By Happy Masondo 31 Oct 2014 09:51

Improvements in regulations important for growth and development
Improvements in regulations important for growth and development

Doing Business 2015: Going Beyond Efficiency, a new World Bank Group report, has revealed that in the past year, governments around the world continued to implement a broad range of reforms aimed at improving the regulatory environment for local entrepreneurs.

31 Oct 2014 06:42

Increased compliance burden for PBOs is unfortunate
Increased compliance burden for PBOs is unfortunate

In the first version of the Draft Taxation Laws Amendment Bill of 2014 that was released in July, it was proposed that public benefit organisations (PBOs) that provide assets or funding to other PBOs would have to comply with a prescribed investment regime.

By David Warneke 31 Oct 2014 06:16

Crash survivors get R22.2bn from RAF
Crash survivors get R22.2bn from RAF

The Road Accident Fund (RAF) paid a record R22.2bn to people who survived vehicle accidents in the 2013/14 financial year.

30 Oct 2014 10:20

Remaining BEPS Action Plan deliverables expected in 2015
Remaining BEPS Action Plan deliverables expected in 2015

The Organisation for Economic Co-operation and Development (OECD) Base Erosion and Profit Sharing (BEPS) Action Plan, approved by the OECD Committee of Fiscal Affairs (CFA) in June 2013 and endorsed by the G20 Heads of Government in September 2013, was formulated to combat international tax avoidance by multinational enterprises (MNEs) through artificially shifting profits to low tax jurisdictions and eroding the tax bases of their primary high tax jurisdictions of operation.

By Lisa Brunton 29 Oct 2014 07:30