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Silver Member
Taxation of Economic Development Grant
Hi,
How will an Economic Development grant received from another entity be treated for tax?
Ie. An entity qualifies as a BEE business and another entity (non related entity) grants R331,000 to this BEE entity. The R331,000 is split as R160k as grant and R171k as loan to be repaid to grantor.
Please help :-)
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