The original article can be found here.
Article highlights:
- German sportswear giant Adidas is at loggerheads with the South African Revenue Service (SARS) over R1.9 billion the tax authority claims it’s owed.
- The SARS dispute over years of alleged underpayment on custom duties was with Switzerland-based Adidas International Trading and the company’s SA unit.
- Addidas said it had applied for a suspension of the payment demand and had in 2019 instituted legal action against the decision before the high court.
