Cassper Nyovest’s company cornered by SARS for unpaid income tax

Cassper Nyovest’s company cornered by SARS for unpaid income tax

SA award-winning hip-hop star, Cassper Nyovest, has been sent court papers by SARS for unpaid income tax linked to his family company, Family Tree.

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Popular South African hip-hop icon, Cassper Nyovest, has found himself in a sticky situation with South African Revenue Services.

Sunday World reported that the musician’s company, Family Tree, has failed to settle a large income tax payment.

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The tax papers in question were filed at the Johannesburg High Court last month.

Cassper and the rest of the Family Tree owners need to settle a massive income tax bill of R3.6 million.

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Briefly.co.za found out that SARS has threatened to procure a warrant for the court’s sheriff to reposes Family Tree’s assets in order to fit the payment of the large tax bill.

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Source: Briefly.co.za

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