DENNIS DAVIS: Ferraris in Clifton: hints of pernicious tax evasion
SA should use all the means at its disposal to recover taxes owed by those hiding their wealth from Sars
12 January 2021 - 14:10
A viable tax system must meet the requirement of legitimacy. In a society riven by the profound inequalities of SA, there can be no legitimacy when a cohort of wealthy people continue to evade their obligations to pay a fair share of tax.
Note the use of the word “evasion” as opposed to “avoidance”. If the wealthy can afford skilled tax advice to structure their affairs so as to reduce their liability for tax within the parameters of the law, that may prompt a debate about the morality of such conduct, but it is legal...
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