cut tax, says da

11 May 2007 - 02:00
By unknown

Now that Finance Minister Trevor Manuel had introduced a "long overdue" simplification of South Africa's tax return system, he should bolster the growth prospects of business to encourage job-creating investment by reducing the effective corporate tax rate to under 30percent, Democratic Alliance finance spokesman Ian Davidson said. He pledged to ask Manuel to answer whether he envisaged such tax breaks or not. - I-Net Bridge

Now that Finance Minister Trevor Manuel had introduced a "long overdue" simplification of South Africa's tax return system, he should bolster the growth prospects of business to encourage job-creating investment by reducing the effective corporate tax rate to under 30percent, Democratic Alliance finance spokesman Ian Davidson said. He pledged to ask Manuel to answer whether he envisaged such tax breaks or not. - I-Net Bridge