South African Mineral Export Taxes Possible Under EU EPA
7/24/2014 12:22:00 PM
According to South Africa's Trade and Industry Minister Rob Davies, one of the
major benefits that his country has taken out of the agreed Economic Partnership
Agreement with the European Union is that the new treaty allows some
policy space for the introduction of mineral export taxes.
The word "offshore" has no precise legal dictionary definition, it simply means "situated or operating in a foreign country or at some distance from the shore" and reflects the fact that most low tax jurisdictions are islands.