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Manuel ‘regrets’ not imposing windfall tax on synfuels industry
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http://www.engineeringnews.co.za/article/manuel-regrets-not-imposing-windfall-tax-on-synfuels-industry-2008-07-15
Article Headline:
Manuel ‘regrets’ not imposing windfall tax on synfuels industry
Abstract:
The spectre of the possible imposition of windfall taxes on South African resources companies has been raised again in a new economic assessment of the country by the Organisation for Economic Cooperation and Development (OECD). The 140-page study, which was released jointly by OECD Secretary-General Angel Gurría and Finance Minister Trevor Manuel at a function in Johannesburg on Tuesday, indicated that a case could be made for the tightening of fiscal policy to sustain a Budget surplus as a safeguard against macroeconomic instability.
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