- A South African court ruled part of the Value-Added Tax Act unconstitutional.
- The section allowed finance ministers to amend the goods tax without parliamentary approval.
- The Democratic Alliance challenged the act after a proposed VAT increase to 17%.
- The court gave the National Assembly 24 months to amend the VAT act.
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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