Bizarre tax treaty could let the Guptas leave SA with billions: report – BusinessTech

Bizarre tax treaty could let the Guptas leave SA with billions: report – BusinessTech


BusinessTech

Bizarre tax treaty could let the Guptas leave SA with billions: report
BusinessTech
While it allows SARS to claim a one-off 18% exit tax on South Africans' local assets and income when they leave the country, SARS loses all taxing rights thereafter. The treaty has been labelled “unusual” by tax specialists due to tax benefits being
Guptas want to move billions out of South Africa – ReportMyBroadband
Guptas looking to move billions to UAE – reportCitizen

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Bizarre tax treaty could let the Guptas leave SA with billions: report – BusinessTech