SARS has a database of South Africans’ offshore holdings – Polity

SARS has a database of South Africans’ offshore holdings

South Africans who are moving money and assets offshore must keep in mind that the foreign financial institutions they are investing with are obligated to share the taxpayer’s investment information with the South African Revenue Service (“SARS”). While taxpayers may transfer as much money as they w…

https://www.polity.org.za/article/sars-has-a-database-of-south-africans-offshore-holdings-2022-12-07

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Can an unsuccessful tenderer claim damages from the State? – The final word! – Polity

Can an unsuccessful tenderer claim damages from the State? – The final word!

The Constitutional Court handed down judgment on 30 November 2022 in answer to this question. In a unanimous judgment, the Constitutional Court had to consider whether a tenderer, deprived of success in a tender by the State’s intentional misconduct, could claim damages in delict for loss of profit.

https://www.polity.org.za/article/can-an-unsuccessful-tenderer-claim-damages-from-the-state-the-final-word-2022-12-06