n Tax Breaks Newsletter - Can SA afford a green economy? : environmental taxes

Volume 2013, Issue 331
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The proposed carbon tax could add between R15 billion and R20 billion per annum to state coffers. National Treasury published an updated carbon tax policy paper in May for public comment. It proposes that a carbon tax of R120 per ton of CO2 emitted be introduced from 1 January 2015, and that it should increase by 10% per annum.

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