In his 2016 Budget Speech, Minister of Finance Pravin Gordhan announced another exchange control
and tax amnesty for errant South African taxpayers.
The tax avoidance industry started post-1975 following toxic Maggie's lifting of exchange controls
. Is it time to re-introduce some form of exchange control
The deal is subject to RPM and Anglo American Platinum obtaining South African exchange control
In both cases a substantial growth in the value of the indexes may be observed in the period following the key events in each control process: the "corralito" in Argentina and the exchange control
decree in Venezuela (see Auguste et al., 2002, Melvin, 2002, and Kadiyala & Kadiyala, 2003).
But economics lecturer at Blantyre International University, Professor Charles Chant-hunya, doesn't see devaluation is a problem to the forex shortages: "The problem is the exchange control
Considering the advantages in promoting the investment in Unit Trusts and to broaden the investor base in such instruments, the Budget 2011 proposed the removal of exchange control
regulations in relation to investments in Unit Trusts.
The bank will provide Comac with 50 billion yuan (USD7.46 billion) for use in its C919 large aircraft program and also provide help with cash management and foreign exchange control
. Oct 5, 2010
The IMF Articles of Agreement recognize exchange control
in three principal provisions, namely Article VI(3), Article VIII(2)(a), and Article XIV.
Doubts have been raised of late, notably due to exchange control
issues as India's sports ministry refused to release pounds 22.5million to Ecclestone's Formula One Administration as part of the deal.
Regulations regarding exchange control
have to be strictly adhered to, so correct documentation is essential.
Improve restrictive regulations governing overseas exchange of the Korean won (Revision and implementation of Enforcement Decree on Foreign Exchange Control
Act on April 3, 2006)
Coverage for each country includes information on: foreign investment regulations; currency and exchange control
; taxation of resident corporations; avoiding double taxation; anti-avoidance measures; taxation of resident/non-resident individuals; taxation of branches v.