Tax refund scam could hit N$400m
What probe has uncovered so far:
• Stolen amount now at N$136m
• About 1 000 suspects implicated
• NamRA flags 56 institutions
• Taxman goes after VAT refund looters
NamRA commissioner Sam Shivute says the country loses billions through fraudulent VAT refunds.
As investigations continue into the massive fraudulent tax refund scam, the amount involved may reach up to N$400 million.This is according to the commissioner of the Namibia Reven...
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