n Without Prejudice - The wider application of the Shuttleworth judgement : tax
|Article Title||The wider application of the Shuttleworth judgement : tax|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Nov 2014|
|Pages||6 - 8|
The judgement recently delivered by the Supreme Court of Appeal in the case Mark Shuttleworth v the South African Reserve Bank (SARB), the Minister of Finance and the President of the Republic of South Africa has attracted substantial attention in the media. After all, it is very newsworthy when the central bank is ordered to repay R250 million to a South African self-made millionaire. It became even more interesting when Shuttleworth pledged to use the refund to "selectively fund cases on behalf of those unable to do so themselves, where the counterparty is the state."
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