00799nam a22001097a 4500100002000000245005600020260003600076300000700112520040800119650006000527856010200587  aKhadija Sharife  aBig Breaks for Companies, Few Benefits for Citizens  aWashingtonb100Reportersc2014.  a1p  aThe article shows that South Africa’s Diamond Export Levy Act offers companies trading in diamonds generous tax breaks if they sell stones locally, in a bid to build a home grown industry for cutting and polishing stones. But most diamonds sold on the South African market to gain this tax break appear to be exported abroad, still uncut – the opposite of what the exemption was designed to achieve.  acorruption capital flight taxes underpricing mispricing  uhttp://iffoadatabase.trustafrica.org/iff/big_breaks_for_companies,_few_benefits_for_citizens.docx