SARS highlights its new tax regulations for imports from foreign online platforms
By Kouthar Sambo The South African Revenue Service (SARS) highlighted its new tax regulations for imports from foreign online platforms, such as Shein and Temu. According to recent reports, the move aims to protect local industries and generate revenue. Furthermore, these changes affect consumers and retailers alike, with revised customs duties, import VAT, and de minimus rule changes. However, economists and consumer critics have raised the question of whether this […]
