Tobacco companies to SARS: help us help you by tackling illegal smokes

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Tobacco companies to SARS: help us help you by tackling illegal smokes
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Tobacco companies to SARS: help us help you by tackling illegal smokes | Fin24

The Tobacco Institute of South Africa has again urged the SA Revenue Service to up the fight against the illicit tobacco trade, saying 55% of the tax body’s recently-announced shortfall could have been redeemed if it had stronger interventions against unlawful trade in cigarettes. a preliminary tax revenue shortfall of R14.6bn for the year ended March 2019.

The institute's chair, Francois van der Merwe, said the revenue shortfall highlights the tough job the agency's incoming commissioner Edward Kieswetter will face. SARS acting commissioner, Mark Kingon, said earlier in the week that the agency's illicit economy unit was focusing on"serious non-compliance" in the cigarette and tobacco industry

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