Taxation Laws Amendment Act (No. 4) 1994 (181 of 1994)
Schedule 2 AMENDMENTS RELATING TO POOLED DEVELOPMENT FUNDS
Part 1 INCOME TAX RATES ACT 1986
1 Object
The object of this Part is to reduce the rate of tax payable by a pooled development fund ("PDF") in respect of its "SME income component" from 25% to 15%. The "SME income component" is based on income derived by the PDF from investments in certain small and medium enterprises.
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