Car imports cost SA up to R8bn a year in direct tax losses.
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Description
Charles De Wet, Tax Executive at ENSAfrica, joins host Bruce Whitfield to explore the tax ramifications of the surge in illegal used car imports, which not only detrimentally affects local car market sales and undermines local manufacturing and job creation but also facilitates criminal activities. These imports result in direct tax losses of up to R8 billion annually for South Africa. See omnystudio.com/listener for privacy information.
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