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Religion & Law

: Constitutionally Correct

South Africa: Islamic finance tax laws ?to benefit? country

By Alliance Alert

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AllAfrica.com: "New Islamic financing tax laws were likely to attract more foreign investors to SA, Tasneem Gangat, a tax consultant at Grant Thornton, said yesterday. The proposed new laws would bring several types of Islamic financing transactions into the tax net and bolster SA's gross domestic product (GDP), she said. By giving recognition to Islamic investors, SA would be on a par with other global jurisdictions."

Full post as published by Constitutionally Correct on August 31, 2010 (boomark / email).

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