Lolly owes SARS R400 million

[DarkDenim]

Why doesn't he sell his assets and duck out of the country? The ANC can't wait to get all that money which he probably doesn't owe.

 

[.Froot.]

R400 million?

 

[The_Unbeliever]

R400 million?

 

[CrzWaco]

Wait what

 

[Gunther]

That's a lot of money.

 

[R13...]

what has his alleged tax dodging got to do with the anc?
we all have to pay the piper whether we do it thru an honest days's job or exploiting women!

 

[DarkDenim]

what has his alleged tax dodging got to do with the anc?
we all have to pay the piper whether we do it thru an honest days's job or exploiting women!

The money is going straight into a few corrupt politicians' pockets. Oh, I'm pretty sure that amount was R10 million in June.

 

[Bondizzo]

dam, wheres the article ?

 

[Boodles]

What an idiot he is. How can he not pay tax? Its not like his business is under the radar.

lol.

He was on the news tonight and made some comment about not being around next year, wasnt sure if he meant Teasers wont be, or him - Jail/Australia/suicide? I wasnt sure what to read into what he said.

 

[DarkDenim]

dam, wheres the article ?

No article, he was on tv saying that Teasers is for sale.

 

[Telkomisaloser]

R400 million?

 

[killadoob]

This sounds like a bunch of crap to me, i don't think lolly is even worth this much so HTF does he need pay 400m tax?

I cannot see how lolly has made over 800m!!! how? I think the most tax a top earner must pay is 45% meaning he would have had to make well in excess off 800m to rack up the bill.

This sounds like BS to me. So teazers is worth what? 300-400m?

Of course teazers is up for sale since the imports have stopped teazers sucks.

 

[DarkDenim]

This sounds like a bunch of crap to me, i don't think lolly is even worth this much so HTF does he need pay 400m tax?

I cannot see how lolly has made over 800m!!! how? I think the most tax a top earner must pay is 45% meaning he would have had to make well in excess off 800m to rack up the bill.

This sounds like BS to me. So teazers is worth what? 300-400m?

Of course teazers is up for sale since the imports have stopped teazers sucks.

I also doubt it's that much but that's the amount according to SARS.

 

[RichardG]

This is funny but if it is true. I am happy.


I would like to know where will that R400 million go towards..
Roads, schools, water, housing

 

[killadoob]

I also doubt it's that much but that's the amount according to SARS.

According to SARS? where is anything showing this is what he owes?

Google has nothing on this story so please link us to this 400m SARS debt. I cannot believe this story.

 

[Dohc-WP]

The story was on the 7pm news 2nite

 

[killadoob]

Did it state he owes 400m taxes?

 

[DarkDenim]

Did it state he owes 400m taxes?

Yes! They even mentioned that he had to pay a few millions to get (2) strip clubs and a few cars back from SARS.

 

[.Froot.]

All I can say is I'm glad it's not me....

 

[noxibox]

Don't forget penalties and interest. I would have to check, but I think the penalty can equal the amount owed. Add compounded interest to that and it can amount to a lot of money.