Sars puts tax dispute with Kumba's flagship mine on ice

The SA Revenue Service (Sars) has agreed to a ceasefire with Sishen Iron Ore Company (SIOC), ahead of their legal showdown before the Supreme Court of Appeal (SCA) in September in a case that might leave a hole in the company’s books if the appeal court rules in the tax agency’s favour.

The outcome of the dispute will also go a long way in determining what is tax deductible when mining houses expand their operations and relocate third-party infrastructure, particularly when relocating communities...