Africa: Trade Misinvoicing Costs South Africa U.S.$7.4 Billion in Tax a Year

Africa: Trade Misinvoicing Costs South Africa U.S..4 Billion in Tax a Year
While SARS is scrambling to meet collection targets, a new report estimates the country lost $37-billion in revenue to trade misinvoicing in five years. Trade misinvoicing is thought to be the …
Africa: Trade Misinvoicing Costs South Africa U.S..4 Billion in Tax a Year