SARS wins R71.5m tax case against Capitec – here's why - News24


6/22/2022 12:00:00 AM2 years 10 months ago
by Londiwe Buthelezi

SARS has finally won its bid to deny Capitec the R71.5 million VAT return it claimed back in 2017.

  • The Supreme Court of Appeal upheld SARS's November 2017 VAT return decision against Capitec.
  • SARS disallowed Capitec the tax deduction related to the loan cover proceeds Capitec recei… [+4487 chars]

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