Former South African President Thabo Mbeki looks on before addressing his cabinet in Pretoria, September 21, 2008.Former South African President Thabo Mbeki looks on before addressing his cabinet in Pretoria, September 21, 2008.
It is estimated that Africa loses about US$60 billion per annum through Illicit Financial Outflows. It has been seven years since the world adopted the first-ever target to reduce illicit financial outflows including corporate tax abuse. He further says the continent must resist attempts to block this important step forward and called for the international community to support Africa’s initiatives in dealing with the phenomenon.According to a report first published on The Conversation, tax dodging is used to describe all of the ways – tax avoidance, tax evasion, corruption and offshore accounts – that companies and rich individuals employ to reduce their tax bills.
If you don't get it forget about it
Sophie_Mokoena ...right simple words are 'theft and corruption'....by Europeans and Americans, Asians in Africa
Sophie_Mokoena Oh please, his 'comrades' are laughing at him. That's all they all do all day every day... abuse corporate tax