Tax ruling a ‘Zuma law’, says foundation
Former President Jacob Zuma has absolutely nothing to hide, but he is ‘very concerned about everyone else’, following a ruling that his tax records be made available to the media.
A Fin24 report says this is according to Jacob Zuma Foundation spokesperson Mzwanele Manyi, who said on Friday that the foundation hoped SARS would lead the way in appealing the judgment, which he described as a ‘travesty of justice’ and a ‘Zuma law’.
Lawyers for Zuma are studying the ruling with a view to lodging an appeal.
SARS has not yet said whether it will appeal.
Manyi noted that while the ruling focused on Zuma it had far-reaching consequences for all taxpayers.
‘This case is supposed to be viewed not just as a Zuma case but a case involving any citizen or corporate of SA whose confidential information will now be laid bare and made public information,’ he said.
He also questioned why it was not in the ‘interest of justice’ to unseal bank statements of President Cyril Ramaphosa's CR17 campaign, but ‘when it comes to... Zuma’, it was ‘suddenly in the interest of the justice system to have the documents published everywhere’.
While tax analysts have said it is unlikely that the ruling will set a broad precedent to access anyone's tax returns, Manyi said the judgment meant information given to SARS was ‘no longer secured’.
‘SARS's reputation is on the line and this development, if left unchallenged, might have impact on revenue collection,’ he said.
Article disclaimer: While we have made every effort to ensure the accuracy of this article, it is not intended to provide final legal advice as facts and situations will differ from case to case, and therefore specific legal advice should be sought with a lawyer.