However, the first-round win must be awarded to SARS after the Western Cape High Court ruled in the tax man’s favour with regard to the existence of tax debt in a showdown that digs deep into the nitty-gritty of South African tax laws.has the details:
According to the tax agency, Tullow created an “elaborate set of arrangements” to extract its South African assets without paying tax. Wiese’s Titan Group would go on to buy a South African subsidiary of Tullow, which puts it on the hook for what could be a large outstanding tax debt.The merits of whether Wiese and colleagues owe the tax debt to SARS have not yet been argued in court.
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