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Tito Mboweni 2021 budget speech

Farewell Section 12J: It was fun while it lasted

Tito has spoilt the party. Cannabis investors have until June 30 to take advantage of the Section 12J tax incentive before it gets closed down.  South African Finance Minister Tito Mboweni announced in his budget speech of 24 February 2021 that the Income Tax Act would be amended to allow Section 12J to fall away.  […]