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KPMG calls for levelling of mine rehab playing field

KPMG corporate tax head Muhammad Saloojee wants the tax authorities to level the mine rehabilitation playing field by ensuring that mine rehabilitation insurance premiums are tax deductible. His commentary to Creamer Media’s Mining Weekly Online comes against the background of a tax ruling that confirms rehabilitation insurance cover’s tax deductibility under one section of the Income Tax Act (ITA) but limits it under two other sections.