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VAT refunds: Is an imbalance in law allowing SARS too much power?

The South African Revenue Service (“SARS”) has set its sights on non-compliant taxpayers through a very active and focused compliance programme. It seems that SARS has realised the enormous powers it enjoys under the Tax Administration Act, 2011 (“TAA”) to administer tax laws and enforce compliance and it has been going from strength to strength ever since. This is particularly evident when it comes to the audit and verification of value-added tax (“VAT”) refunds. But is the law allowing SARS perhaps too much power when viewed against taxpayers’ rights to conduct business?

Source: ensafrica.com

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