SCA rules against Absa in multiyear Sars dispute

Money flowing from an investment in Brazilian government bonds is at the centre of the standoff, which is likely to continue for years

02 October 2023 - 20:18

Absa will have to exhaust Sars’ internal remedies in its multiyear battle with the tax agency over the so-called “impermissible tax avoidance arrangement” it has been accused of, after the Supreme Court of Appeal (SCA) set aside a high court decision that ruled in its favour...

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