SARS nails taxpayer for R62 million VAT fraud

[BusinessTech]

SARS nails taxpayer for R62 million VAT fraud

A taxpayer in South Africa has been sentenced to 25 years in prison for a complex VAT fraud scheme amounting to R62 million.

 

[rustypup]

When the only functioning government department is the tax man, you're farked and may as well burn it all down.

 

[Mike Hoxbig]

Yet they can't nail a single politician...

 

[Hemi300c]

 

[SHL]

"....deprive the government of the resources necessary to provide essential public services."

 

[cguy]

Technically, not a “taxpayer”.

 

[ISP cash cow]

Makhubu said that every rand lost to fraud is a rand that could have been used to support economic development, infrastructure, healthcare, education, and other vital services.

So maybe go after the biggest cvnts that do the fraud - AKA the government officials

 

[G.A.S]

The article doesn't specify whether the sentences will run concurrently or what, or what the period until parole or medical parole is. But I doubt that the guy will sit for 25 years.

 

[FiestaST]

https://twitter.com/x/status/2076631299402383740

 

[Jam Sandwich]

https://twitter.com/x/status/2076631299402383740

Aaahh.. But did the taxpayer have a current and valid ANC club card?