24 Oct 2017
TAX: Understatement penalties for gross negligence
By Janice Roberts
By Joon Chong, Partner, Tax Practice and Hillary Botha, Candidate Attorney at Webber Wentzel The Tax Court handed down judgement on 18 August 2017 in the case of ABC Proprietary Limited v C: SARS. The case primarily deals with understatement penalties in respect of both Value-Added Tax (VAT) and income tax defaults, in terms of...