BEE and tax: should there be a common ground?

From: Accountancy SA | Date: August 1, 2004| Author: Arendse, Jackie | Copyright information

BEE is a significant feature of the South African economy and in recent months we have seen transactions effecting transfers of equity worth billions of Rands. Although the number of these transactions has exploded in the last year or so, BEE is not a recent idea - it has been discussed for as long as South Africa has been a democracy and, as a core principal of our Constitution, is a fundamental part of our society and economy. Yet, no amendments have been made to South Africa's tax legislat...

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