Wealth Tax counter-productive, will lead to capital flight – Cape Chamber – Politicsweb

Wealth Tax counter-productive, will lead to capital flight – Cape Chamber – Politicsweb

Wealth Tax counter-productive, will lead to capital flight – Cape Chamber
Politicsweb
South African business men were being courted by countries like Mauritius and Cyprus where tax rates were low. The Africa 2016 Wealth Report said about 240 South African dollar millionaires moved to Mauritius between 2007 and 2015. “Mauritius offers …

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Wealth Tax counter-productive, will lead to capital flight – Cape Chamber – Politicsweb