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Closing Loopholes for Tax Evasion

Closing Loopholes for Tax Evasion

25 Sep 2017 | Press Releases

The Namibia Chamber of Commerce and Industry is calling on the Government to widen the tax base to include those businesses which are avoiding paying tax by hiding their correct income. We have observed that a number of businesses most of them foreign owned do not provide tax receipts and some even refuse electronic bank transfer which created suspicions that such businesses may be trying to avoid declaring their true income in order to avoid paying taxes to the Namibian Government. Read the Press Statement here

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