Burden of wealth tax will likely exceed benefits, tax practitioners warn – Moneyweb.co.za

Burden of wealth tax will likely exceed benefits, tax practitioners warn – Moneyweb.co.za


Moneyweb.co.za

Burden of wealth tax will likely exceed benefits, tax practitioners warn
Moneyweb.co.za
JOHANNESBURG – The compliance cost and market distortions associated with a wealth tax may exceed the benefits of introducing such a tax, practitioners have warned. Against the background of the highly unequal distribution of wealth in South Africa

Burden of wealth tax will likely exceed benefits, tax practitioners warn – Moneyweb.co.za