Dar es Salaam — The government is estimates to have lost at least Sh29 billion to a tax evasion syndicate allegedly run by a Dar es Salaam businessman and his accomplices.
According to Tanzania Revenue Authority (TRA) Commissioner General Alphayo Kidata, an investigation has established that the businessman, who is in custody, created a fake tax system using electronic fiscal devices and printed and sold to traders fake receipts that they used to demand tax refunds from TRA. Four companies together evaded income tax and value added tax to the tune of Sh29 billion between 2010 and 2014, Mr Kidata said.
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