South Africa makes plans for voluntary disclosure programme

September 30, 2010

Pravin Gordhan, South Africa's finance minister, announced the South African Revenue Service (SARS)'s intention to launch a voluntary disclosure programme (VDP) in his budget speech earlier this year. The VDP will be instituted, as part of the Taxation Laws Second Amendment Bill, 2010 (Bill), from November 1 2010 to October 31 2011.

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