n Without Prejudice - Yet another legislative mess : tax
|Article Title||Yet another legislative mess : tax|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Oct 2007|
|Pages||16 - 18|
Ill-considered amendments made to income tax laws almost two years ago hold potentially disastrous consequences for shareholders of any company distributing certain capital profits in anticipation of liquidation, winding up or deregistration. Though these consequences were neither foreseen nor intended by the legislature, they have yet to be corrected.
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