Death and Tobacco Taxes

UNCTAD also prepared a draft agreement for regional competition policy for member States of the South African Customs Union (SACU).

There is no income tax, and customs duties account for about 35 per cent of government revenues other significant revenue sources are company fees, land and stamp taxes, employment tax, a hospital levy, vehicle licence fees and taxes on hotel occupancy, passenger departures and cigarette sales.

The Government has drawn up draft laws on reducing the tax burden on the labour remuneration fund, introducing a single land tax, tax stimulation for small businesses and restructuring the debts of industrial enterprises.

Unlike the PWA program, the Work Premium is a tax credit and is accessible through filing of an annual income tax return.

Draft decisions and draft placeholder decisions

Apart from tariffs, additional levies are applied on certain products such as canned mushrooms, frozen strawberries and dried grapes.

(For the text, see chapter I, section C, draft decision II.

(For the text, see chapter I, section A, draft resolution I.

(For the text, see chapter I, section A, draft resolution IV.

(For the text, see chapter I, section A, draft resolution V.

(For the text, see chapter I, section A, draft resolution III.

(For the text, see chapter I, section B, draft resolution II.

(For the text, see chapter I, section A, draft resolution VI.

(For the text, see chapter I, section B, draft resolution I.

(For the text, see chapter I, section B, draft resolution III.

(For the text, see chapter I, section C, draft decision I.

(For the text of the draft decision, see chapter I, section C, draft decision III.

Turning to the text of the draft principles, the draft preamble was self explanatory.

(ii) Draft resolution (A 60 L.6)

A. Draft text

E C.18 2005 1 Proposed agenda and draft programme of work for the first session of the Committee of Experts on International Cooperation in Tax Matters Proposed agenda for the first session A C E F R S

In the light of the adoption of draft resolution A C.2 60 L.58, draft resolution A C.2 60 L.20 was withdrawn by its sponsors.

Draft article 22 relates to signature, draft article 23 relates to ratification, draft article 24 relates to entry into force and draft article 25 relates to authentic texts.

Draft article 73 should be maintained in the draft instrument

Draft article 75 should be deleted from the draft instrument.

4. Review of the draft text prepared by the drafting group

Proposed text.

(draft)

That African draft is our draft, and, as I said yesterday, we cannot support any other draft only this one.

In subparagraph (c), line 2, replace resolutions and draft presidential statements with resolutions, draft presidential statements or other documents .

(For the text of the draft resolution, see chapter I, section A.

(For the text of the draft resolution, see chapter I, section B, draft resolution III.

(For the text of the draft resolution, see chapter I, section B, draft resolution IV.

(For the text of the draft resolution, see chapter I, section B, draft resolution I.

(For the text of the draft resolution, see chapter I, section B, draft resolution II.

(For the text of the draft decision, see chapter I, section C, draft decision I.

Text of draft articles

Of the 54 draft resolutions and six draft decisions adopted, 26 draft resolutions and two draft decisions almost 47 per cent were adopted without a vote.

The proposed draft article on the scope of the draft convention reads as follows

The Payroll Tax Bill was passed in December 2004.

100. The representative of Japan orally corrected the draft resolution before it was adopted.

9. In the light of the adoption of draft resolution E 1966 L.50, draft resolution E l996 L.21 was withdrawn by its sponsors.

6. In the light of the adoption of draft resolution A C.2 53 L.52, draft resolution A C.2 53 L.16 was withdrawn by its sponsors.

(Draft text annexed)