The Untouchables in a Gangster’s Paradise? Is it reasonable or ethical to make use of companies that do not consider themselves to be held accountable, for their actions in any private or public enterprise? While Big Tech has become seemingly untouchable, even from the US Supreme Court or Whitehouse, the same culture of supremacy, greed, lack of accountability, lack of transparency, and lack of responsibility seems to have created and sustained an environment in South Africa where IT negligence is acceptable, and lack of accountability is the norm, even when it comes to government institutions, contracts and tenders.
Has Corporate SA Been Infected by ANC Corruption, Greed & Negligence? Dimension Data NTT Case Study
Sars guns for former Prasa CEO who owes over R1.8m in unpaid taxes
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JOHANNESBURG – The South African Revenue Service (Sars) has obtained warrants of execution to seize the moveable assets of former Passenger Rail Agency of South Africa (Prasa) CEO Lucky Montana.
Montana confirmed this on Wednesday saying it was in connection with unpaid taxes of about R1.8 million. The debt related to the capital gains taxes he failed to pay when he bought two properties worth millions of rand.
The former Prasa boss was dismissed from the parastatal in 2015 following allegations of maladministration and corruption, which he denied.
Montana said the sheriff of the court ambushed him at his Saxonwold home on Wednesday with a warrant of execution. The taxman arrived to seize his moveable assets such as his cars and furniture, but nothing was taken away.
He admitted he owed Sars but claimed he was in negotiations to pay the tax agency by selling one of his properties.
He accused Sars of being vindictive and uneth
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ANC government is milking taxpayers! – Figures from 115 countries available, SA ranks eighth with high tax rates
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The South African Revenue Service has increased taxes amid poor economic conditions and consequently poor economic growth.
South Africa is among the top ten countries with high taxes and is also the highest with tax rates.
Personal taxes have become more important to the greedy government than a source of revenue for the state over the past decade.
The personal tax contribution to the R1.2 trillion collected makes up more than 30% according to SA Statistics.
According to data from the International Monetary Fund’s 115 available countries, SA is the eighth on the heavy tax rankings.
The second biggest source of revenue for the government is VAT, and thirdly, companies’ taxes are being ordered.
The average tax rate stands at 26%, making the country among the ten heaviest countries in the world.
-Read the original article in Afrikaans on Vryburger
This report does not necessarily reflect the opinion of
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