The South Africa Revenue Service has published draft legislative amendments for public comment to give effect to the two renewable energy tax incentives, announced in the 2023 Budget. The documents published include the following:
- 2023 draft Taxation Laws Amendment Bill (TLAB); and
- Draft explanatory memorandum on the initial batch of the 2023 Draft TLAB.
The following is a media statement from the National Treasury on the draft amendments. The due date for comments is 15 May 2023.
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