South Africa's National Treasury has announced the launch of public consultations on three discussion documents on tax policy:
- What is the Most Appropriate Tax Regime for the Oil and Gas Industry –Tax Policy Discussion Paper for Public Comment, which includes a key proposal of moving to a flat-rate royalty for oil and gas companies;
- Reviewing the design, implementation and impact of South Africa’s Research and Development Tax Incentive, which deals with the key design characteristics of t…