South Africa's National Treasury has announced the launch of public consultations on three discussion documents on tax policy:

• What is the Most Appropriate Tax Regime for the Oil and Gas Industry –Tax Policy Discussion Paper for Public Comment, which includes a key proposal of moving to a flat-rate royalty for oil and gas companies;
• Reviewing the design, implementation and impact of South Africa’s Research and Development Tax Incentive, which deals with the key design characteristics of the incentive and will assist the government to determine appropriate changes to the incentive should it continue beyond the sunset date of 30 September 2022;
• Taxation of electronic nicotine and non-nicotine delivery systems (Vaping), which outlines the policy rationale and excise design options for the proposed taxation of such products.

The deadline for each of the consultations is 25 January 2022.