Sars gets aggressive on tax avoidance – R46-million judgment sends a warning
South African taxpayers are learning the hard way that SARS’ patience with aggressive tax planning has run out. In a recent Tax Court decision, SARS successfully included R46 million in a taxpayer’s taxable income after invoking the General Anti-Avoidance Rules (GAAR). The decision signals that even…
Sars’ fast-track debt compromise process – Taxpayer support or targeted collection strategy?
Sars’ commitment to delivering seamless taxpayer service, can only be over-shadowed by their commitment to collecting as much tax revenue as possible. The latest initiative, serving both objectives, is the launching of Sars’ “Expedited Tax-Debt Compromise Process”. Whilst stating they have various c…
South African Commercial Law Blog 