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Maroc Maroc - NAMIBIAN.COM.NA - A la Une - 11/Aug 06:00

Bill targets corporate tax dodgers

Finance and public enterprises minister Iipumbu Shiimi has tabled a bill that will make it difficult for corporations to evade paying tax. Shiimi told the parliament on Tuesday some companies avoid paying taxes by carrying forward losses indefinitely and by deducting excessive interest on loans from taxable income. Interest deductions are tax deductible, allowing a […]

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