How much money corporate tax avoidance costs South Africa

[BusinessTech]

How much money corporate tax avoidance costs South Africa

A new SA-TIED research study estimates that South Africa loses about R7 billion a year due to profit shifting by multinational corporations.

 

[ToxicBunny]

So significantly less than corruption then....

 

[MrGray]

R7 billion? Peanuts. We throw that much away on bail outs, corruption and mismanagement in a good week.

 

[Lew Skannen]

They just looking for someone to blame again.... WMC and the West will do just fine.

 

[Hemi300c]

So what the money is stolen by the anc cadres and whats left gets wasted

 

[HennieWelkom]

if you are minimizing your tax burden within the confines of the law than the government is not losing anything because that money was never theirs, to begin with.