Tag: investigation

The fiscal pressures on South African Revenue Service's (SARS) tax collection appear to have now compelled SARS to actively initiate the arrest and prosecution of taxpayers who do not accurately declare their taxable income. For long time, it has been warned that SARS possesses third-party information from banks, financial institutions, estate agents, car dealerships etc., enabling them to identify those who are not declaring their income correctly.

On 1 April 2023, the Companies and Intellectual Property Commission (CIPC) released its new “beneficial ownership register” functionality on its e-services platform. This new requirement has placed companies under the spotlight as they must now declare their beneficial ownership to the CIPC. This means the days when the “warm body” which sits behind a company can no longer remain off record.

Detective Alex Cross is chasing an elusive murderer called 'The Family Man' in the 30th instalment of the bestselling Alex Cross series. They strike under cover of darkness, trigger no alarms, and leave no evidence behind.

Cash-strapped municipalities are missing obvious opportunities to recoup unclaimed taxes. Often, they are focused on bigger budget items, but they need to realise that one obvious answer to cash preservation is hiding in plain sight.

Terence Nombembe | Chief Executive Officer | SAICA| https://www.saica.co.za/ | The South African Institute of Chartered Accountants (SAICA) has announced its unconditional support for an independent inquiry...

John Veihmeyer, Chairman, and Bill Thomas, Chairman Elect of KPMG International, today announced an independent investigation into work performed by KPMG South Africa in respect of the Gupta family and the SARS report.

A clean audit gives a company a clean bill of health. However, when a company finds itself in a situation that could lead to...