Under Section 12J of the Income Tax Act, Investors can deduct 100% of investments in Grovest Energy from their taxable income. With rebates as high as 45%, an investor’s risk capital is reduced substantially.
The fund targets a >20% return on risk capital to investors net of fees and Withholdings Tax (if applicable). Investment in Section 12J companies should be considered illiquid for the first 5 years, where after Investors may exit.
Interested investing, please visit the Grovest Energy Website by clicking on the link below: