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No new tax measures for distressed companies, says Mboweni By Mayibongwe Maqhina Share Cape Town - Finance Minister Tito Mboweni has ruled out any possibility of new tax measures for companies that face financial distress due to Covid-19 saying they can utilise the existing tax administrative measures to apply for hardship relief. Mboweni said this when he was responding in writing to parliamentary questions from IFP MP Mzamo Buthelezi when he asked whether he intended to revise the corporate taxation regime to boost post Covid-19 recovery. Buthelezi also inquired about plans to incentivise investment in local production through tax incentives.

Cape townWestern capeSouth africaTito mboweniMzamo butheleziInternational monetary fundOrganization for economicWorld bankNational treasuryMinister tito mboweniEconomic co operationகேப் நகரம்மேற்கு கேப்சர்வதேச பண நிதிஆர்கநைஸேஶந் க்கு பொருளாதாரஉலகம் வங்கி