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Why South Africa needs the 'Al Capone' strategy to fix its tax problem


Why South Africa needs the ‘Al Capone’ strategy to fix its tax problem
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South Africa’s tax issues are a serious problem that need to be resolved urgently before the country can move forward to achieve its potential, says Judge Dennis Davis, who was speaking at PSG’s
Low economic growth is not helping matters, he said, but an inefficient tax system further complicates South Africa’s tax revenue challenge. Solving this, however, will solve other issues too.
“While many South Africans pay their fair share, many are also guilty of tax evasion, making the tax base far smaller than it should be and putting a higher burden on those who do pay their fair share,” he said. ....

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