Crookes Brothers Limited v Commissioner of the South African Revenue Services (14179/2017)
Crookes Brothers Limited v Commissioner of the South African Revenue Services (14179/2017) [2018] ZAGPPHC 311; 80 SATC 439 (8 May 2018)
High Court review of SARS’s refusal to reduce tax assessments failed because the loan terms allowed earlier repayment, so section 31(7) did not apply.
- Tax Administration Act Section 93
- Income Tax Act Section 31
- Reduced Assessment
- Subordination Agreement
- Debt Vs Equity
- Dividends Tax