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Is a corporate excess profits tax on the cards?

MONEYWEB
app instead?
Is a corporate excess profits tax on the cards?
Rather than increase taxes for citizens â who have reached their taxation ceiling â an unprecedented solution may be in order.
19:02
Image: Shutterstock
As South Africa tumbles haphazardly into the second year of the epidemic, with uncertainty prevailing around when corruption will be curtailed, criminals jailed, the zombie state-owned entities (SOEs)Â culled, and the majority of citizens vaccinated, the only certainty is the steadily rising dam of debt.
Citizens are already being lumbered with more than their share of taxes, with value-added tax (Vat) and fuel taxes (which impact transport costs) being carried by even the very poor. They have reached their taxation ceiling (as indicated by the Laffer curve). ....

South Africa , Keith Engel , Ricardo Fenochietto , Shafik Hebous , International Monetary Fund , African Revenue Service Sars , African Institute Of Tax Professionals , National Treasury , Ruud De Mooij , Carolina Osorio Buitron , Tax Policy , Inclusive Growth , South African Revenue Service , South African Institute , Tax Professionals , கேய்ட் ஏங்கல் , சர்வதேச பண நிதி , தேசிய கருவூலம் , வரி பாலிஸீ , உள்ளடக்கியது வளர்ச்சி , வரி ப்ரொஃபெஶநல்ஸ் ,

Is a corporate excess profits tax on the cards?

Is a corporate excess profits tax on the cards?
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

South Africa , Keith Engel , Ricardo Fenochietto , Shafik Hebous , International Monetary Fund , African Revenue Service Sars , African Institute Of Tax Professionals , National Treasury , Ruud De Mooij , Carolina Osorio Buitron , Tax Policy , Inclusive Growth , South African Revenue Service , South African Institute , Tax Professionals , கேய்ட் ஏங்கல் , சர்வதேச பண நிதி , தேசிய கருவூலம் , வரி பாலிஸீ , உள்ளடக்கியது வளர்ச்சி , வரி ப்ரொஃபெஶநல்ஸ் ,

Is a corporate excess profits tax on the cards?

Is a corporate excess profits tax on the cards?
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

South Africa , Keith Engel , Ricardo Fenochietto , Shafik Hebous , International Monetary Fund , African Revenue Service Sars , African Institute Of Tax Professionals , National Treasury , Ruud De Mooij , Carolina Osorio Buitron , Tax Policy , Inclusive Growth , South African Revenue Service , South African Institute , Tax Professionals , கேய்ட் ஏங்கல் , சர்வதேச பண நிதி , தேசிய கருவூலம் , வரி பாலிஸீ , உள்ளடக்கியது வளர்ச்சி , வரி ப்ரொஃபெஶநல்ஸ் ,