The Democratic Alliance is set to lay out President Jacob Zuma’s “tax liability as a result of the fringe benefits enjoyed through the exorbitant upgrades to his private Nkandla homestead”.
“The debate surrounding Nkandla has up until now focused largely on who should ultimately be responsible for footing the actual bill‚” said party leader Mmusi Maimane.
Why Zuma must pay the R7.8-million himself
“For President Zuma‚ it must seem as if this chapter is now closed after it was determined that he must personally pay back R7.8 million for the non-security upgrades at Nkandla.”
“This is however not the case‚ as a crucial part of this matter is the determination of the tax liability that accrued to the President‚ personally‚ as a result of the spending of almost R250 million of public money at his private homestead.”
He said his party had used “current legislation” to tally up the “the tax figure for which President Zuma is liable” and will lay out the “the methodology and reasoning behind” its determination at a briefing in Sandton on Thursday.
– TMG Digital
Zuma must pay tax liability on fringe benefits from Nkandla upgrades: DA
The Democratic Alliance is set to lay out President Jacob Zuma’s “tax liability as a result of the fringe benefits enjoyed through the exorbitant upgrades to his private Nkandla homestead”.
“The debate surrounding Nkandla has up until now focused largely on who should ultimately be responsible for footing the actual bill‚” said party leader Mmusi Maimane.
Why Zuma must pay the R7.8-million himself
“For President Zuma‚ it must seem as if this chapter is now closed after it was determined that he must personally pay back R7.8 million for the non-security upgrades at Nkandla.”
“This is however not the case‚ as a crucial part of this matter is the determination of the tax liability that accrued to the President‚ personally‚ as a result of the spending of almost R250 million of public money at his private homestead.”
He said his party had used “current legislation” to tally up the “the tax figure for which President Zuma is liable” and will lay out the “the methodology and reasoning behind” its determination at a briefing in Sandton on Thursday.
– TMG Digital
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