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2012/13 BUDGET UPDATE: Tax on sale of share by offshore company coming

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Minister of Finance and Economic Affairs Dr Mgimwa has proposed an impose capital gain tax on sale of shares relating to local company by the parent or offshore company. 

“This measure, introduced for the first time, is intended to control tax avoidance malpractice,” Dr Mgimwa told the augur house today.
Source: tzexchange.blogspot.com
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