President Cyril Ramaphosa is expected this week to announce the terms of reference of the commission of in inquiry into the South African Revenue Service (SARS) and who will serve on it, Treasury deputy director-general Ismail Momoniat said in Parliament on Wednesday. He told members of Parliament’s standing committee on finance that the commission would focus on past issues such as transgressions related to various tax laws. Earlier, acting SARS commissioner Mark Kingon said in his briefing to the committee that SARS had dealt with the matter involving its former head of business and individual tax, Jonas Makwakwa, in the wrong way. The commission of inquiry is expected to consider the adequacy and legality of steps that SARS took to address revenue shortfalls in the past two years, including unauthorised bonuses to top executives and withholding of refunds to ordinary taxpayers. Also expected to be included in the terms of reference is SARS’s adherence to tax administration proces...

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