Backed by a R7.5 billion allocation in the national budget, the South African Revenue Service is deploying artificial intelligence, recruiting skilled professionals, and leveraging global data-sharing agreements to intensify its compliance operations. High-net-worth individuals are now under greater scrutiny than ever before.
In this CapeTalk interview, Jashwin Baijoo, Associate Director at Tax Consulting South Africa, details how SARS is implementing artificial intelligence measures, and what taxpayers need to know about their increased exposure.
What topics are covered:
01:41 – How SARS plans to use AI and data to improve compliance
03:01 – The risks and limitations of automation in tax enforcement
05:04 – Global data sharing and its impact on HNWIs
06:32 – Criminal consequences for non-compliance
07:45 – Civil enforcement actions and taxpayer remedies
08:18 – How to protect yourself: legal representation and strategic engagement
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