• SABC shenanigans

    SA has already embarked on a slippery slope to autocracy, warns Terry Bell in Inside Labour.

  • Zim tastes people power

    Protests in Zimbabwe are forcing Mugabe to face anti-government sentiment, says Memory Mataranyika.

  • Platinum handshake

    Officials who try to do what's right risk far more than blessed wrongdoers, says Solly Moeng.

All data is delayed
Loading...
See More

Sars official to chair global tax forum

Nov 02 2012 13:26
Sapa

Johannesburg - Finance Minister Pravin Gordhan congratulated the SA Revenue Service (Sars) on Friday after one of its officials was elected chairperson of a global tax forum.

He said Sars chief legal and policy officer Kosie Louw was elected chairman of the Global Forum on Transparency and Exchange of Information for Tax Purposes, during a meeting in Cape Town last weekend.

He will hold the post for two years, starting from 2013.

"I am certain that the two years of South Africa's chairmanship will be beneficial not only to the forum but also to the wider global tax administration community," Gordhan said in a statement.

"The position of forum chair is especially important because the forum's current mandate expires in 2015, and it is during SA's tenure that a decision must be made on the best way to take the work of the forum forward."

He said South Africa's tenure on the forum "coincided with very challenging times" for tax administrations globally, especially with regards to the exchange of information for tax purposes.

"South Africa fully supports the work of the forum whose peer review report 'reflects a very good practice in exchange of information'," Gordhan said.

"Governments have an obligation to create an environment conducive to economic growth and job creation, and to ensure that the benefits that come from that growth are shared broadly. If this does not happen, we will be responsible for creating more inequality," he said.

 
sars  |  pravin gordhan  |  tax

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE SAVINGS ISSUE

Saving can make a lot of things possible, but we all know how hard it is to save. This special Savings Issue will help you get focused.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Sarb's decision to keep the repo rate unchanged is:

Previous results · Suggest a vote

Loading...