Business Rescue Is Not a Shield from Accountability: Director and Business Rescue Practitioner Held Liable

The recent decision in PH Strydom NO v Seacrest Investment 153 (Pty) Ltd & Others (delivered on 4 June 2025) serves as a stark reminder that business rescue is not a tactical weapon and treating it as such can result in serious consequences. The applicants approached the court in terms of section 13…

https://www.polity.org.za/article/business-rescue-is-not-a-shield-from-accountability-director-and-business-rescue-practitioner-held-liable-2025-06-05

Opening blows in transfer pricing case where Sars fights for additional R1-billion of taxable income

On 15 April 2025 the Tax Court heard the opening skirmishes in what may develop into one of South Africa’s largest and most complex Transfer Pricing cases. At stake is an adjustment of R1-billion on the taxable income of a JSE listed company, translating to roughly R280-million in additional taxes f…

https://www.polity.org.za/article/opening-blows-in-transfer-pricing-case-where-sars-fights-for-additional-r1-billion-of-taxable-income-2025-06-04