refunds - eriinfo

At Walmart, billions in tariff refunds soften the blow from slower sales growth

eriinfo.com3 weeks ago07 mins

Walmart says it has received nearly $3 billion in tariff refunds — and used some of that windfall to cut prices for consumers strained by inflation. The refunds helped boost Walmart’s profit, according to the company’s quarterly earnings report Thursday. “Customers tell us they’re still feeling some pressure,” Walmart CEO John Furner said. “Having the…

SARS pays out R10.6bn in refunds as AI upgrades bear fruit

eriinfo.com1 year ago06 mins

SARS commissioner Edward Kieswetter. More than three-quarters of taxpayers have already received auto-assessments, and refunds worth R10.6 billion have been paid out, according to the South African Revenue Service (SARS), as its investment in artificial intelligence (AI) begins to show significant returns. The auto assessments and refunds were processed ahead of the official start of…