Draft Taxation Laws

The National Treasury invites members of the public to submit comments on the draft legislation by no later than 5 July 2011.  Of interest to conveyancers are amendments to the Transfer Duty Act, 1949, in which certain definitions are amended and deleted; rates and thresholds are modified; new provisions made; and textual and consequential amendments are affected.

Sections 1, 2, 3A, 5 and 9 of the Transfer Duty Act are to be amended by sections 1 to 5 of this Bill.

Draft Taxation Laws Amendment Bill

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