Changes incentive shemes for investors
08 Jun 2012
The Government of Malawi removed from the Budget 2012-2013 the taxes on gains from the sale of shares that were held for more than one year. At the same time, it reduced the initial investment allowance on new and unused industrial buildings, and plant and machinery from 100 percent to 40 percent. Also, it reduced international transport allowance from 25 percent to 15 percent.
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Type:
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Promotion and facilitation (Investment incentives)
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Industry:
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Sources:
