OPINION | Whistleblowers and tax evasion: what South Africa needs to add to its toolbox
By exposing corruption, whistleblowers play a key role in ensuring that those who evade end up paying their fair share of taxes, writes Carika Fritz.
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By exposing corruption, whistleblowers play a key role in ensuring that those who evade end up paying their fair share of taxes, writes Carika Fritz.
The importance of whistleblowers was highlighted again recently in South Africa. In one of the reports released by Judge Raymond Zondo, who has headed up a commission of inquiry into State capture, he recommended that whistleblowers should be protected. He also recommended that they should be given an incentive to make disclosures – a monetary reward based on a percentage of the proceeds recovered on the strength of such information. Academics, myself among them, have called for similar treatment of tax whistleblowers.
South Africa should start offering whistleblowers monetary compensation in cases where they help identify tax evaders.