ConCourt Rules: Not Knowing Is No Excuse
Absa Bank v SARS — South Africa’s most important tax judgment in years Case: Absa Bank Ltd & United Towers (Pty) Ltd v CSARS [2026] ZACC 15 Date: 22 April 2026 Outcome: SARS wins — Absa’s appeal dismissed with costsAmount: R1.9 billion in preference share investments What happened? Between 2011 and 2015, Absa invested R1.9…