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12 July 2016

South Africa proposes amendments to hybrid debt and hybrid equity instrument legislation

South Africa's National Treasury published for public comment the 2016 Draft Taxation Laws Amendment Bill (DTLAB) on July 8. Comments are required to be submitted by August 8. The DTLAB contains proposed amendments to the hybrid debt instrument provisions and hybrid equity instrument provisions.

A Tax Alert prepared by Ernst & Young South Africa, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-1203

Document ID: 2016-1203

 

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