SOUTH AFRICA Issue dated 02/02/2021

Billionaire Johann Rupert works on his tax strategy

South African businessman Johann Rupert.
South African businessman Johann Rupert. © Markus Gilliar/picture alliance / GES/Markus Gi/Newscom/MaxPPP
The South African magnate and boss of Switzerland-based Richemont, one of the world's leading luxury goods companies, is a natural target for the tax authorities of his native land, who are looking to increase their returns from extremely wealthy taxpayers. [...] (797 words)
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