Sars to net R4.5bn from tax dispute with SAB
The tax agency initially demanded R17.7bn from the brewer
02 August 2024 - 10:38
The fiscus is set to net R4.5bn from AB InBev’s SA subsidiary, SA Breweries (SAB), after the SA Revenue Service (Sars) and the brewer settled their tax dispute.
The fight centred on the 2017 transaction that saw AB InBev sell its stake in Coca-Cola Beverages Africa (CCBA), following its purchase of rival brewer SABMiller...
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