Our team represented a leading US-based global professional services network
Our team represented a leading US-based global professional services network
We represented a leading US-based global professional services network in a cluster of related actions where so-called investors, who had invested their monies in a Ponzi scheme, sought an indemnity from our client should they not recover their money from the fraudster's estate.
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When a taxpayer is aggrieved by an assessment raised by the South African Revenue Service (SARS), the first step in disputing this is to file an objection under section 104 of the Tax Administration Act 28 of 2011 (TAA). In the recent case of Dr X and Dr X Inc v Commissioner, SARS (52/2023), the Tax Court dealt with the importance of complying with the requirements of Rule 7(2)(b) of the dispute resolution rules promulgated under section 103 of the TAA (Rules) in order for an objection to be valid. The Tax Court also clarified some of these prescribed requirements.
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To the much-anticipated relief of many foreign nationals, on 28 March 2025, the Minister of Home Affairs, Dr Leon Schreiber extended the previous temporary blanket extension that expires today, 31 March 2025. The purpose of the latest extension is to address the visa, waiver and appeal outcomes that will not be ready for collection prior to the 31 March 2025 deadline due to amongst other things delays in the printing process. In addition, the extension would allow the Department of Home Affairs (DHA) an opportunity to focus on appeal outcomes, resultant from rejected visa applications.
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