Central to the case was R48m paid into a trust by the restaurant group in 2005 as part of a share scheme
Restaurant group Spur has lost a long-running tax battle at the Supreme Court of Appeal in a judgment that has shocked senior lawyers, with Spur still seeking legal advice on whether it should approach the Constitutional Court.
Speaking in light of this judgment, multiple lawyers confirmed to Business Day that there is a “long-standing concern about the quality of tax judgments at the appeal courts”...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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