Bikini model says SARS ruined her life

Gordon_R

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The legal action was not instituted by SARS, but by Van Der Merwe. SARS seems to be doing a pretty good job sitting with R44m in income tax from this transaction.


Both are deluded IMO, and are obviously doing it wrong by taking the courts route. The Guptas and EFF could have given them some lessons on how SARS operated during the Moyane years. /sarcasm...
 

WaxLyrical

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Arab must be kicking himself after reading all the Van jokes.
Could've saved a few bob.
 

Swa

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The onus is reversed when SARS imposes an understatement penalty (USP) but it only applies to the USP. I've quoted the Act to to you and have given you a court case. Why not return the favour?
Let's just agree to disagree here.
 

Swa

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Besides being a literal prostitute, she is also extremely entitled. R150 million not good enough for you? Did you do an honest day's work on your back and/or knees - yes or no? Sounds like you did so pay the tax. Also, if you hadn't whined about it, nobody would have known. Now the entire world knows that you are the most expensive prostitute.

For some reason I have Borat's voice echoing in my head, "She is number one prostitute in all South Africa."
Actually I'm of a different mind. Government doesn't want to legalise it so they also don't have a tax claim on it. Also it should be up to the country where it occurred and not SA. Sars is very one sided when it comes to tax matters so the more they get screwed (excuse the pun) the better. I still say the only fair taxing system is VAT.
 

Ancalagon

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Actually I'm of a different mind. Government doesn't want to legalise it so they also don't have a tax claim on it. Also it should be up to the country where it occurred and not SA. Sars is very one sided when it comes to tax matters so the more they get screwed (excuse the pun) the better. I still say the only fair taxing system is VAT.

Good point. If what you did wasn't legal, can you pay income tax on it?
 

newby_investor

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Good point. If what you did wasn't legal, can you pay income tax on it?
You say that, but if I understand correctly, the IRS in the USA wants you to declare income from illegal methods, including bribes and stuff.

They're intensely private with their tax info though, as you may have noticed that Trump's tax returns are still not released and despite large public interest no one has leaked them. So I guess even if your gains are ill-gotten, the government will still want its share.

I'm not sure that the same will apply to SARS, though if you pay what they expect they probably won't look too close or send the police.

/shrug
 

mercurial

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Lol. Fkn scum. It's okay for them to use stolen money but not citizens?
 

rambo919

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Good point. If what you did wasn't legal, can you pay income tax on it?
The taxman does not care if the source of income is legal so the proceeds of crime is taxable income. See Al Capone.
SARS applies the same principle.
https://www.sars.gov.za/AllDocs/LegalDoclib/Notes/LAPD-IntR-IN-2014-05 - IN80 Income Tax Treatment of Stolen Money.pdf
Yep, legal or not all income is taxable. It's only deductions that can be disallowed when it comes to legal matters not income.
 

Lucas Buck

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So people can now claim to be on modeling assignments to bypass the prostitution laws, this works out well for everyone involved.
 

Swa

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The taxman does not care if the source of income is legal so the proceeds of crime is taxable income. See Al Capone.
SARS applies the same principle.
https://www.sars.gov.za/AllDocs/LegalDoclib/Notes/LAPD-IntR-IN-2014-05 - IN80 Income Tax Treatment of Stolen Money.pdf
Well the gov expects all proceeds to be legal. Al Capone was never convicted in any illegal matters as all his earning were untraceably channeled through legal avenues.

So people can now claim to be on modeling assignments to bypass the prostitution laws, this works out well for everyone involved.
Always could. Funny how you can legally do a sex act for money as long as it's filmed or get off as part of a massage.
 

newby_investor

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Well the gov expects all proceeds to be legal. Al Capone was never convicted in any illegal matters as all his earning were untraceably channeled through legal avenues.

You say that, but I was astonished actually. I read (some of) the document linked. Here's the relevant bit on p. 16:
Expenditure and losses incurred by a taxpayer in carrying on a trade as a result of embezzlement, fraud or theft of money and any legal and forensic expenditure incurred in investigating the crime will qualify as a deduction in determining taxable income provided it meets the requirements of section 11(a) or in the case of legal expenses, section 11(c). An important factor in determining the deductibility of the expense or loss will be whether the risk of its incurral was a necessary incident of the taxpayer’s trade. Any amounts allowed as a deduction which are recovered or recouped must be included in the taxpayer’s income.

A person who derives funds illegally, whether by embezzlement, fraud or theft, is regarded as having “received” those funds for the purposes of the definition of “gross income” in section 1(1) and will be subject to income tax on those funds. No deduction will, however, be permitted for the repayment of those funds.

So basically, you can even deduct the expenses that you incur in your thievery from your "income" for taxation purposes, but if you get caught and pay the money back, you're not off the hook because it's not deductible!

Go figure.
 

Swa

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You say that, but I was astonished actually. I read (some of) the document linked. Here's the relevant bit on p. 16:


So basically, you can even deduct the expenses that you incur in your thievery from your "income" for taxation purposes, but if you get caught and pay the money back, you're not off the hook because it's not deductible!

Go figure.
No the way I read that is if you're affected by a crime in your business dealings then you can deduct that as well as the expense of investigation from your taxable income. Additionally if it's proven that you committed a crime then any money derived from it can be taxed by Sars as part of your income.
 

krycor

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How a R150 million gift to a South African model is helping fuel Lebanon’s mass protests
Business Insider SA
Oct 21, 2019, 01:06 PM

  • Mass protests in Lebanon are being fuelled, in part, by revelations of a massive gift to a South African model, a Lebanese journalist says in the Washington Post.
  • Lebanese prime minister Saad Hariri gave Candice van der Merwe $15.3 million (roughly R150 million at the time) which she used to buy property in South Africa.
  • For already angered Lebanese – and especially workers at Hariri companies who haven't been paid, this was considered “a slap in the face”, Kareem Chehayeb said.
  • For more stories go to www.BusinessInsider.co.za.
An extra-marital affair between Lebanese prime minister Saad Hariri and South African model Candice van der Merwe helped fuel widespread protests in Lebanon, a Lebanese journalist says in an opinion piece in the Washington Post.

Last month the New York Times reported that Hariri gave Van der Merwe $15.3 million (roughly R150 million at the time) in a “donation” in 2013 to buy property.

The BBC reported that thousands of people gathered in Lebanon’s capital Beirut on Friday to protest corruption and corruption and economic decline. By Sunday protests were reported in several major cities, with estimates that hundreds of thousands of people had taken to the streets.

The protests came after the government announced a tax of $0.20 (R2.96) on calls made via WhatsApp and other messaging apps on Thursday, The Times of Israel reported.


In a column in the Washington Post, Lebanese journalist Kareem Chehayeb said public sentiment has turned against the government as it implemented budgets cuts and tax increases due to economic hardships.

Measures to tax the wealthy, such as billionaire Hariri, has however never been entertained, Chehayeb said.

PARIS, FRANCE - NOVEMBER 18: French President Emma

Lebanese Prime Minister Saad Hariri, his wife Lara and their son Hussam with French President Emmanuel Macron (Photo by Mustafa Yalcin/Anadolu Agency/Getty Images)

He said when news broke a month ago that Hariri paid Van der Merwe $15.3 million – in what he described as an attempt to cover up an affair – it added to the Lebanese people’s frustration.

It was especially considered “a slap in the face” for Hariri’s unpaid employees in struggling construction, and media companies, Chehayeb said.

Van der Merwe said she met Hariri at The Plantation club and resort in the Seychelles in 2012, when she was 20 and Hariri 43.

Hariri, the father of three, was married at the time. He became prime minister of Lebanon in 2016.

Van der Merwe claimed the trip was fully sponsored and she was asked to come to “lend a sense of glamour and exclusivity,” the Mail & Guardian reported.

When models arrived at the resort, their passports were taken away and they are not allowed to take any photos or tell stories of what happens there, Van der Merwe said.

City Press reported that the first two times she went to the Seychelles, she flew economy class, but thereafter flew business or first class.

In an email to Hariri, seen by the New York Times, Van der Merwe wrote “Love you my Saad” with her banking details, adding that she intends to buy property with the money.

Money arrived in her account from a Lebanese bank shortly after.

The details of the donation emerged during legal action between Van der Merwe and the SA Revenue Service (Sars), which thought the transaction suspicious.

(Compiled by James de Villiers)

 

krycor

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'Helen' of South Africa seems to have started fueled a protest in a country its claimed.. wow.

:unsure: maybe she wants to have a poem written about her too.
 

Vrotappel

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Fourth time unlucky for businessman as Sars sticks to its guns over R237m

A Cape Town businessman, whose model daughter raised eyebrows after getting an unsolicited “gift” of $15.3m (about R237m) from an admirer, has been evicted from his home.


On February 5 2020, the Constitutional Court dismissed Gary van der Merwe’s application for leave to appeal an eviction order requiring him to vacate his home, which is held by the company Zonnekus Mansion (Pty) Ltd.
 
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