Snijder & Associates | Audit and Accounting firm

Proposed tax amendments for venture capital investments

The latest round of legislative amendments proposed by National Treasury and released for public comment on 8 July 2016 contains a welcome concession for taxpayers looking to invest into approved venture capital companies. Briefly, investors investing into qualifying venture capital companies (or “VCC’s” as they are often referred to) qualify for an income tax deduction […]

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