When Crime Doesn’t Pay: VAT Fraudsters Behind Bars for 25 Years

When Crime Doesn’t Pay: VAT Fraudsters Behind Bars for 25 Years

When Crime Doesn’t Pay: VAT Fraudsters Behind Bars for 25 YearsKVV Inc Attorneys
Published on: 04/03/2025

Their crimes included fraud, forgery, uttering, and money laundering related to 198 fraudulent VAT returns over three years. This severe punishment serves as a deterrent, reminding taxpayers of the serious consequences of tax evasion, especially compared to the often-debated ethics of tax avoidance. Legitimate taxpayers, often facing delays in genuine SARS refunds, may find some solace in seeing such fraudsters brought to justice.

Uncategorized
What SARS Says About Crypto Assets and Tax

What SARS Says About Crypto Assets and Tax

What SARS Says About Crypto Assets and TaxKVV Inc Attorneys
Published on: 04/03/2025

The future of money is digital, but crypto investors beware! SARS has published tax guidance on crypto assets like Bitcoin and Ethereum. Understand your tax obligations before you invest. The SARS webpage covers what crypto is, how it works, and how it's taxed, including an ITR12 example. However, grey areas exist, so seek professional advice to navigate potential pitfalls. Don't get caught out!

Tax

KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.

Fostering Partnerships, Driving Results.

© KVV Inc. Attorneys 2025. All Rights Reserved. Privacy Policy | POPIA

KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.

Fostering Partnerships,

Driving Results.

© KVV Inc. Attorneys 2025.

All Rights Reserved. Privacy Policy | POPIA