IRS, South Africa Tax Agency Team Up to Fight Financial Crime

July 6, 2021, 5:59 PM UTC

Tax enforcement officials from the U.S. and South Africa are coming together to combat tax and other financial crimes that affect both countries.

The Internal Revenue Service’s Criminal Investigation Division has formed an alliance with the enforcement division of the South African Revenue Service to investigate crimes such as public corruption, cyber fraud, and money laundering, the agencies said in a joint statement Tuesday.

  • The alliance has already uncovered schemes by promoters, tax professionals, and financial institutions, the agencies said. The partnership “will soon reveal operational results,” said Guy Ficco, director of global operations for the ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.