'Regretful' King to pay Sars R700m

29th August 2013, Comments 0 comments

Regretting his tax avoidance and his failure to cooperate earlier, businessman Dave King entered a settlement agreement on Thursday that will see him paying over R700-million to the South African Revenue Service, as well as a R3.2-million fine and R8.75-million towards the Criminal Asset Recovery Fund.

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