Capitec vs SARS (Constitutional Court)
Overview
This is a summary of the Capitec Bank Limited v Commissioner for the South African Revenue Service (CCT 209/22) [2024] ZACC 1 (12 April 2024) case in which the Constitutional Court was tasked with determining whether loan cover provided free of charge to clients of the bank qualified as a taxable supply.
| Author | SAICA (Nomvula Masehla: Project Director) |
|---|---|
| Division | Tax |
| Keywords | Capitec SARS loan cover taxable supply VAT |
| Categories | Tax |
| Date | 9 October 2024 |