The Tax and VAT Case Law Update Breakfast
2 Master tax practitioners
4 Top recent tax and VAT law cases and how you can learn from them!
Johannesburg, 18, March 2016
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SARS files criminal charges against Parker – what were the facts of the case?
SARS argued that once Parker collected the VAT, the money belonged to the State. But since Parker didn't pay it over, he'd stolen it!
The Magistrate's Court sentenced Parker and his CC to a fine of R13 000. He was also sentenced to 5 years in jail. Although the fine was small, the offence is serious!
Not looking forward to 5 years in a cold, damp Western Cape jail, Parker appealed to the Western Cape High Court.
Here's what the Court found…
****You simply must see this!****
How Pretoria East Motors' assessment was reduced from R5 million to R1 million
SARS raised an assessment of R5 million on Pretoria East Motors.
But SARS had made a mistake.
And if Pretoria East Motors didn't fight SARS, they would've paid 4 times what they had to!
Here's what you can learn from this recent top case law, so you can save yourself money!
Parker appeals his 5-year jail sentence
The Court found in favour of Parker. It said it couldn't find Parker guilty of theft.
This displeased SARS and the Director of Public Prosecutions, so they appealed to the Supreme Court of Appeal.
This Court found that although Parker was guilty of offences under the VAT Act, he wasn't guilty of the common law offence of theft. It set aside his conviction and sentence, so Parker won the appeal on the conviction. But he still had to pay the fine.
Don't be caught out evading VAT! Use the Practical VAT Loose Leaf Service
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Did you know crime boss Mark Liffman was charged R388 million for evading tax
and VAT by SARS? No one is safe! Join master tax
practitioners Victor Terblanche and Tom Jordi for their detailed analysis on 4 top recent tax
and VAT cases and find out how to safeguard yourself from SARS.