The South African Revenue Service (SARS) is chasing Economic Freedom Fighters (EFF) leader Julius Malema to recover R20 million it says he owes in tax.<\/p>\n
According to IOL<\/a>, SARS claims that Malema owes R18 million for arrears on his taxes, plus another R2 million in interest for the 2005 to 2011 tax years.<\/p>\n Malema approached the High Court in Pretoria on Tuesday to declare a compromise agreement with SARS in 2014, where he would only have to pay part of the amount owed, as binding.<\/p>\n However, SARS claims Malema breached the terms of the agreement, and is now liable to pay the full amount.<\/p>\n It said that Malema was not forthcoming with all his assets, failing to declare a property he took ownership of in Polokwane in 2009. Further, Malema did not disclose “a number of material facts” to SARS, entitling the group to cancel the agreement, it said.<\/p>\n Malema said the Polokwane property deal never went through – which he said he disclosed to SARS in 2012 – and maintained that he has settled his debts and does not owe SARS a cent.<\/p>\n Malema accused SARS of reneging on the agreement, keeping his money, and now holding him liable for the original assessments.<\/p>\n Judgement was reserved in the matter.<\/p>\n Absa revolt as staff threaten to join Malema protest: report<\/a><\/strong><\/p>\n Watch: Julius Malema grilled by BBC journalist<\/a><\/strong><\/p>\n Rich South Africans treat their pets better than domestic workers: Malema<\/a><\/strong><\/p>\nMore on Malema<\/h3>\n