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News & Press: Capital Gains Tax

National Treasury proposals for comment: application of increased CGT rates to long term insurers

23 April 2012   (0 Comments)
Posted by: SAIT Technical
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National Treasury recently released a media statement inviting comments from the public on the application of increased capital gains tax rates to long-term insurers in 2012.

The statement also invites comments relating to the longer-term proposal of mark-to-market taxation of long-term insurer policy funds as well as longer-term proposed revisions that will simplify the four funds tax calculation.

Click here to access the National Treasury media statement.


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