Tax dodgers swindle BURS P9.2bn
Friday, February 01, 2019
![BURS frequently raids second hand vehicle dealers who are suspected of major trade misinvoicing the country](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2019/february/01/phpoxI0O7.jpg&w=400&q=72&f=jpg)
BURS frequently raids second hand vehicle dealers who are suspected of major trade misinvoicing the country
Known as trade misinvoicing, the trick involves fraudulently manipulating the price, quantity, or quality of a good or service on an invoice submitted to Customs, in order to pay less tax or face a lower tax obligation.
Companies benefiting from tax incentives also inflate their export invoices in order to improperly claim benefits as well from tax authorities.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...