Africa Links 24 with Shania Lazarus
Published on 2024-11-05 17:00:00
Multinationals operating in Namibia have been declaring losses to avoid paying taxes to the government.
Namibia Revenue Agency (Namra) commissioner Sam Shivute, speaking on network media hub’s current affairs programme ‘The Agenda’, recently said there are currently 400 multinationals operating in the country, 300 of those are in tax paying positions and 104 have been declaring losses since inception.
According to Shivute, these companies have been abusing transfer…
Read the Full article on The Namibian
