Proposed South African Amnesty: What you need to know

20 April 2016
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Christo Meyer
CELM Capital Executive Director CELM Capital
On 24 February 2016, the Minister of Finance in his Budget Speech said “Time is now running out for taxpayers who still have undisclosed assets abroad,” and announced a Special Voluntary Disclosure Program to give a further opportunity for non-compliant taxpayers who still have undisclosed assets abroad to voluntarily disclose their offshore assets and income.