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Namra puts Zero-Tax Returns under Scrutiny

The Namibia Revenue Agency (Namra) has announced plans to scrutinise zero-tax return submissions, as a result of suspicions of widespread tax evasion from the business community.

According to Namra commissioner Sam Shivute, certain businesses have been evading taxes by declaring zero profits despite continuing to trade and making significant profits.

Source: namibian.com.na

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