Pepkor CEO Pieter Erasmus is engaged in a titanic battle with the SA Revenue Service (Sars), which is demanding more than R300m from him but has stopped short of accusing him of understating his tax liabilities.

The tax authority says Erasmus, who returned as Pepkor’s CEO earlier in 2023 after five years, was party to an alleged “impermissible tax avoidance arrangement” in terms of the Income Tax Act...

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