SARS confirms Montana offers R5.4m ‘compromise’
The SARS on Saturday revealed that former Prasa CEO Lucky Montana offered it R5.4m as a compromise offer to settle the R55m it says he owes it.
It added that it is also ‘untenable’ for Montana to attack SARS while trying to settle his debt at the same time, reports The Citizen.
‘A prerequisite in terms of the Tax Administration Act for SARS to consider a compromise offer is that the tax debt may not be disputed. In other words, the taxpayer must accept that the tax is due and payable,’ said SARS spokesperson Siphithi Sibeko.
As previously reported, SARS last week promised to disclose his confidential tax affairs unless he retracted the ‘false claims’ he made against it.
Montana told IoL that SARS had ‘fraudulently doctored a fake court judgment to justify a hefty tax bill’.
He also accused the taxman of ‘maladministration, abuse of power and a politically motivated witch hunt’.
The Citizen reports that Montana has been involved in a dispute with SARS since November 2020, when it initiated an audit of him.
Sibeko added that SARS will continue with its sequestration hearing against Montana if the compromise process is not settled.
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.
