Sars accuses Adidas of tax evasion
The SA Revenue Service wants the sportswear manufacturer to pay R1.9bn for allegedly underpaying customs duties for eight years
12 June 2023 - 05:00
UPDATED 12 June 2023 - 11:44
The SA Revenue Service (Sars) is gunning for multinational sportswear manufacturer Adidas over unpaid taxes amounting to R1.9bn, accusing the sportswear company of underpaying customs duties.
Business Day has learnt that the tax authority has taken on Switzerland-based Adidas International Trading and its SA unit for allegedly underpaying taxes for eight years, until 2013...
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