SARS TEAMS UP WITH IRS: TWO BIRDS WITH ONE STONE

In a further effort to enhance its enforcement on a global scale, SARS announced on 6 July that it will join forces with the Criminal Investigation Division of the United States’ Internal Revenue Service (IRS). This partnership will undoubtedly build up SARS’ capacity to trace offshore wealth; the opportunity for SARS to rub shoulders with the IRS is an added, and much needed, bonus.

Jean du Toit

Jean du Toit
Head of Tax Technical