Temu and Shein tax loophole in South Africa closed
The South African Revenue Services (Sars) believes that new e-commerce regulations targeting international online retailers like Temu and Shein could generate an additional R3 billion in VAT revenue, as reported by City Press. Read: Sociable: A new South African app reimagining social media The National Treasury’s Budget review document for 2025/26, released in March, indicated…