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News & Press: Corporate Tax

Exemption of grants received by virtue of the DTI Clothing and Textile Competitiveness Program

Tuesday, 17 July 2012   (0 Comments)
Posted by: SAIT Technical
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By SARS Legal & Policy

National Treasury announced the exemption of grants received by or accrued to a person by virtue of the clothing and textile competitiveness program administered by the dti, to be exempt from normal tax with effect from 1 April 2009 under section10(1)(y).

Click here to download the Government Notice.



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