South Africa boosts venture capital with tax regime changes
Two proposed changes to the Income Tax Act in South Africa will have a positive impact on the venture capital industry and stimulate investment into privately owned entrepreneurial businesses in South Africa. A higher investee asset threshold, as well as a permanent investment deduction, will increase the appeal of venture capital as an investment asset class, at the same time giving a boost to small business development and job creation.
31 July 2014•5 mins read
