The SAIT submission on the Draft Guide to Income Tax Benefits in Special Economic Zones (SEZs) supports the guide’s clarity but identifies key areas requiring correction and clarification. First, SAIT points out that the guide references the outdated name “Department of Trade and Industry (DTI)” instead of the current “Department of Trade, Industry and Competition (DTIC),” and requests this be corrected throughout the document. Second, the guide’s mention of section 12I incentives may mislead readers into thinking new applications are still possible, when in fact the application window closed on 31 March 2020. SAIT recommends a note be added to clarify that only previously approved projects within their compliance periods can still benefit from the section 12I incentive.
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