Kosie Louw, the longest-serving member of the South African Revenue Service (Sars) executive committee and a former deputy head of Sars, has announced his resignation. According to Fin24, Louw will be leaving end February 2017.
- Commissioner Tom Moyane says Sars collected R1 trillion in tax.
- The four taxes that helped Sars collect R1 trillion.
Louw joined Sars in 1970 and has been involved in various areas of the service, including Income Tax assessment, Administration of Estate Duty, Stamp Duty, Transfer Duty and the Income Tax Acts, Mining Tax, Law Administration and Legal Drafting. More recently he acted as Chief Officer: Legal and Policy, overseeing Research and Policy development, Interpretation and Rulings, Dispute Resolution, Product Oversight, Regional Legal Delivery Services and the Corporate Legal Division in SARS. He was appointed as the Chair of the Global Forum on Transparency and Exchange of Information for Tax Purposes for the period January 2013 to December 2014, and re-elected for a further two-year period in October 2014. He is also an Ex Officio member of the Tax Review Committee of South Africa, appointed by the Minister of Finance on 17 July 2013.
