Do the Debt Benefit Rules Apply to Debts Discharged in Terms of the Business Rescue Process? The Tax Fly in the Business Rescue )intment
ENSafrica, February 2020
The Companies and Intellectual Property Commission reported that between 2011 and 2018, a total of 2 867 South African companies initiated business rescue proceedings in terms of Chapter 6 of the Companies Act, 2008 (the “Companies Act”), with South African Airways SOC Limited (“SAA”) being the latest addition to this list...
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