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South African Launches Special Voluntary Disclosure Program

|Approved Changes|South Africa
South Africa

The South African National Treasury has issued a release on the launch of the Special Voluntary Disclosure Program (SVDP), which is generally available for both individuals and companies from 1 October 2016 to 31 March 2017 ({News-2016-07-25/P/4- previous coverage}). Given that the legislation for the program has not yet been finalized and approved by parliament, initial applications will be ba…

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