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Coronation Plans Constitutional Court Appeal In SARS Tax Battle

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Coronation is said to be planning an appeal that will take its tax fight with SARS to the Constitutional Court. This, after the Supreme Court of Appeal ruled in favour of SARS, and decided that Coronation's Irish business qualifies for a tax exemption. The asset manager has been ordered to pay, with interest, an undisclosed tax bill that has been in dispute since 2017. The tax bill equates R900m, close to as much as 70% of Coronation's 2022 annual profit. Business Day TV spoke to Financial Mail's Writer-at-large, Ann Crotty for more.
9 Mar 2023 8AM English South Africa Business · Business News

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