13 June 2011 by

Tax Alert

Significant implications for variable loan stock companies in the Draft Taxation Laws Amendment Bill 2011

Whether it is intended or not, is not clear, but the Draft Taxation Laws Amendment Bill, 2011 (the Draft Bill) has proposed certain amendments to the Income Tax Act No. 58 of 1962 (the Act) which may have significant implications for the property industry and on variable loan stock companies (VLS Companies), in particular.

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