Barrick Gold loses appeal vs 160bn/- tax evasion ruling

[jogi]

Hapa wazungusha mikono Salary Slip Mwanahabari Huru huwezi kuwaona..

It is either hii lugha ngumu kwao au habari mbaya kwao..

JPM mwenyewe hapa anapita kwa mbaaali, labda kama kuna "kiromita, madaraja na malambo ya kunyweshea ng'ombe" ndio atajitutumua kuangalia na Oxford dic. Pembeni.

 

[Charles Mandela]

Between avoidance and evasion which one is illegal?

Taxes are a moral obligation. Both [evasion and some forms of avoidance] can be viewed as immoral as they describe a range of activities that are unfavourable to a government tax system. But in any case, the government is concerned to secure the tax system against all threats facing the extractive industry.

 

[Freelancer]

Taxes are a moral obligation. Both [evasion and some forms of avoidance] can be viewed as immoral as they describe a range of activities that are unfavourable to a government tax system. But in any case, the government is concerned to secure the tax system against all threats facing the extractive industry.

I was told that you can maximize certain expenses legally to avoid tax ( i.e. reinvesting the same money and deferring tax payment until later on, or combine directors' business trips with vacations ). Evasion is where you hide your profits to pay less tax. The former is legal (forget about morals). But the latter is illegal. You can be sued for that. I am even wondering why we don't have criminal laws that we can use to charge Barricks Directors. It should be an economic sabotage offence..What these guys did is tax evasion and not tax avoidance..

 

[Freelancer]

Salary slip huu uzi ni above his pay grade teh teh teh

 

[Charles Mandela]

I was told that you can maximize certain expenses legally to avoid tax ( i.e. reinvesting the same money and deferring tax payment until later on, or combine directors' business trips with vacations ). Evasion is where you hide your profits to pay less tax. The former is legal (forget about morals). But the latter is illegal. You can be sued for that. I am even wondering why we don't have criminal laws that we can use to charge Barricks Directors. It should be an economic sabotage offence..What these guys did is tax evasion and not tax avoidance..

Exactly, it's tax evasion! All firms are profit incentivised and they always try to maximise their profit by any means necessary.

It's a mistake to allow them growing beyond their means. Now they are becoming parasitic to the nation, eating and destroying us from within.

We have to change our mining rules and regulations, all forms of corp taxation needs to be changed.

 

[Charles Mandela]

Salary slip huu uzi ni above his pay grade teh teh teh

Many have no concept of where our country is on a map.

 

[Mama Obama]

Good "eye opening" information that provides a different point of view for one to ponder on and perhaps get a new sense of the value of it.

My standpoint on tax avoidance-and-evasion is pretty simple to be honest.

By ABG [African Barrick Gold] not paying taxes, and settling in a country where there was very little political will to change that, means that a lot of other companies such as Petra-Williamson diamonds, Shanta Gold Mine, GGM and TanzaniaOne were enjoying growth due to plundering and squandering our mineral resources.

And here is the truth about tax avoidance-and-evasion. "If it was not possible for so many companies to avoid taxes, Tanzania would not have the huge economic problems the country has". It does not benefit anyone besides some of our government officials and the stock holders in London - or at least, it's not really comparable when the difference is as huge as it is.

It's definitely the beginning of a new era, the current government fight against tax avoidance-and-evasion that will ensure a new golden age and shared wealth across the country. Hapa Kazi Tu..

Good "eye opening" information that provides a different point of view for one to ponder on and perhaps get a new sense of the value of it.

My standpoint on tax avoidance-and-evasion is pretty simple to be honest.

By ABG [African Barrick Gold] not paying taxes, and settling in a country where there was very little political will to change that, means that a lot of other companies such as Petra-Williamson diamonds, Shanta Gold Mine, GGM and TanzaniaOne were enjoying growth due to plundering and squandering our mineral resources.

And here is the truth about tax avoidance-and-evasion. "If it was not possible for so many companies to avoid taxes, Tanzania would not have the huge economic problems the country has". It does not benefit anyone besides some of our government officials and the stock holders in London - or at least, it's not really comparable when the difference is as huge as it is.

It's definitely the beginning of a new era, the current government fight against tax avoidance-and-evasion that will ensure a new golden age and shared wealth across the country. Hapa Kazi Tu..

Thank God for this new administration, Tanzanians are starting to get justice. We are poor because they are rich. Deception and cheating is the order of the day. These investors are coming to invest in our country knowing our leaders weaknesses, ready to bribe and get away with our billions in taxes. Unfair contracts has made impossible to enjoy the return of our natural resources instead it has brought us diseases, our drinking water are being conterminated with chemicals, and yet too poor to maintain our hospitals. We have so much natural resources but Tanzanians have very little to show. The so called investors are trying to avoid to pay tax at any cost. How could a company declare loss in the country where they do business and yet declare profit to their shareholders? Is that not cheating? We are being cheated left right and the leaders we trusted to safeguard our wealth becomes part of cheaters. I hope the company will pay the outstanding taxes plus interest and penalty just like is done in western world. Tax avoidance is criminal, a crime against humanity, is to deprive the people of that country to better their lives. Our hopes are growing under President MAGUFULI administration after feeling so hopeless for many years. God bless our country and the people. Yes hapa kazi tu na asiyefanya kazi asile. We must support this government is the administration we are blessed to have.

 

[BAK]

Acha uongo wewe hii kesi Serikali ya Magufuli iliifungua lini? Hii kesi imefunguliwa hata kabla ya Magufuli kuingia madarakani. Acha kukurupuka na kutaka kuudanganya umma wa Watanzania. Mwambie afungue kesi dhidi ya wezi wa Escrow, IPTL, MV ufisadi n.k. kama kweli anataka kuona Tanzania inafaidika na mali zake na kuyapiga vita mafisadi na majizi makubwa nchini. Watu wengine jamani! Dah! hawana hata aibu ya kuandika uongo mchana kweupe!

Thank God for this new administration, Tanzanians are starting to get justice. We are poor because they are rich. Deception and cheating is the order of the day. These investors are coming to invest in our country knowing our leaders weakness, ready to bribe and get away with our billions in taxes. Unfair contracts has made impossible to enjoy the return of our natural resources instead it has brought us diseases, our drinking water are being conterminated with chemicals, and yet too poor to maintain our hospitals, on top of that, very Tanzanians have very little to show for so much natural resource we have. The so called investors are trying to avoid to pay tax at any cost. How could a company declare loss in the country where they do business and yet declare profit for their shareholders? Is that not cheating? We are being cheated left right and the leaders we trusted to safeguard our wealth becomes part of cheaters. I hope the company will pay outstanding taxes plus interest and penalty just like is done in western world. Tax avoidance is criminal, a crime against humanity, is to deprive the people of that country to better their lives. Our hopes are growing under President MAGUFULI administration after feeling so hopeless for many years. God bless our country and the people. Yes hapa kazi tu na asiyefanya kazi asile. We must support this government is the administration we are blessed to have.

 

[Mama Obama]

Do you want to tell us that all huge economic problems in our country were/are caused by tax invasion and avoidance?

Is one of the biggest cause, corruption, unfair contracts and lazyness. Taxes are very important to any country. It maintained our government functions including important service to the people. In China if you avoid tax you could received life in prison or sentenced to death. In America many years in prisons. Only in Tanzania they give you time to pay.

 

[joshydama]

Is one of the biggest cause, corruption, unfair contracts and lazyness. Taxes are very important to any country. It maintained our government functions including important service to the people. In China if you avoid tax you could received life in prison or sentenced to death. In America many years in prisons. Only in Tanzania they give you time to pay.

Well said.

 

[Mama Obama]

Acha uongo wewe hii kesi Serikali ya Magufuli iliifungua lini? Hii kesi imefunguliwa hata kabla ya Magufuli kuingia madarakani. Acha kukurupuka na kutaka kuudanganya umma wa Watanzania. Mwambie afungue kesi dhidi ya wezi wa Escrow, IPTL, MV ufisadi n.k. kama kweli anataka kuona Tanzania inafaidika na mali zake na kuyapiga vita mafisadi na majizi makubwa nchini. Watu wengine jamani! Dah! hawana hata aibu ya kuandika uongo mchana kweupe!

HAKUNA UWONGO HAPA, NI UKWELI MTUPU. KESI ZOTE ZA UFISADI ZA SERIKALI ILIYOPITA ZOTE ZILIKUWA ZIKISHINDWA. TANZANIA ILIKUWA YA AJABU, MWENYE PESA NDIYE ALIYEKUWA AKISHINDA KESI. KODI ZOTE ZA WANANCHI ZILIKUWA ZIKIKUSANYWA NA WATU BINAFSI, KWA HIYO SERIKALI ILIKUWA HAINA PESA NA WENYE PESA NDIYO WALIOKUWA WAKISHINDA KESI. BADALA YA KUBWATA NA UBISHI NA CHUKI YA SERIKALI HII YA WATU, UNGA MKONO, WEWE PIA NI MTANZANIA, RAIS MAGUFULI HAWEZI KUIFANYA HII KAZI PEKE YAKE, PAMOJA NA NGUVU ZAKO NA SAUTI YAKO, WEZI WOTE WA ESCROW, IPTL MV WATACHUKULIWA HATUA NA VYOMBO VYA SHERIA. AKIWASHITAKI TU BILA UCHUNGUZI UTAKUWA WA KWANZA KUMUITA DICTATOR. KUMBUKA NI MWAKA MMOJA TU TANGU ACHUKUWE MADARAKA NA AMEYAFANYA MENGI, ASIYEONA ANA CHUKI YA UFISADI.

 

[BAK]

Narudia tena kesi ilikuwepo mahakamani kabla ya mtukufu wa Ikulu kuingia madarakani. Uongo wako peleka mtaa wa lumumba siyo humu. Angekuwa anajali maslahi ya Tanzania na Watanzania asingeiogopa Lugumi, kuhusika na kununua boti uozo la MV ufisadi kisha kukaa kimya kama si mhusika na kukaa kukaa kimya kuhusu wizi wa escrow na hukumu ya hivi karibuni dhidi ya Tanesco ya $145 millioni.

HAKUNA UWONGO HAPA, NI UKWELI MTUPU. KESI ZOTE ZA UFISADI ZA SERIKALI ILIYOPITA ZOTE ZILIKUWA ZIKISHINDWA. TANZANIA ILIKUWA YA AJABU, MWENYE PESA NDIYE ALIYEKUWA AKISHINDA KESI. KODI ZOTE ZA WANANCHI ZILIKUWA ZIKIKUSANYWA NA WATU BINAFSI, KWA HIYO SERIKALI ILIKUWA HAINA PESA NA WENYE PESA NDIYO WALIOKUWA WAKISHINDA KESI. BADALA YA KUBWAKA NA UBISHI NA CHUKI YA SERIKALI HII YA WATU, UNGA MKONO, WEWE PIA NI MTANZANIA, RAIS MAGUFULI HAWEZI KUIFANYA HII KAZI PEKE YAKE, PAMOJA NA NGUVU ZAKO NA SAUTI YAKO, WEZI WOTE WA ESCROW, IPTL MV WATACHUKULIWA HATUA NA VYOMBO VYA SHERIA. AKIWASHITAKI TU BILA UCHUNGUZI UTAKUWA WA KWANZA KUMUITA DICTATOR. KUMBUKA NI MWAKA MMOJA TU TANGU ACHUKUWE MADARAKA NA AMEYAFANYA MENGI, ASIYEONA ANA CHUKI YA UFISADI.

 

[joshydama]

Tax invasion ndo kitu gani wewe teh teh teh

What's so funny?

It was the slip of the smartphone brother.

Tax Invasion=Tax evasion.

Thanks!

 

[joshydama]

Vipi kuhusu tuhuma ya wafanya kazi wa TPA kuiba milion 48.

Je wamaeisha pelekwa mahakamani au mamlaka husika bado wanafanya uchunguzi kwanza?

 

[Mama Obama]

Narudia tena kesi ilikuwepo mahakamani kabla ya mtukufu wa Ikulu kuingia madarakani. Uongo wako peleka mtaa wa lumumba siyo humu. Angekuwa anajali maslahi ya Tanzania na Watanzania asingeiogopa Lugumi, kuhusika na kununua boti uozo la MV ufisadi kisha kukaa kimya kama si mhusika na kukaa kukaa kimya kuhusu wizi wa escrow na hukumu ya hivi karibuni dhidi ya Tanesco ya $145 millioni.

Wewe huna maana, unalalmika bure, ama amekutumbua nini? Wewe ni Mtanzania wacha kubwata, chukua hatua, pigania haki yako, kama huwezi kaa KIMYA, Rais atafanya kwa wakati wake. Mambo yote unayoyataja kama unataka jibu la haraka elekeza maswali yako KWA KIWETE NA siyo kwangu MTANZANIA WA lumumba, KIKWETE ndiye aliyekuwa Ikulu, sio Magufuli wala mimi. JE wewe NI mpiga dili nini? Mbona una CHUKI SANA? HAPA NI KAZI TU. Akimaliza miaka 10 tunamuongezea mingine 10 KAZI kwako. Kama hutaki hamia Syria.

 

[joshydama]

Wewe huna maana, unalalmika bure, ama amekutumbua nini? Wewe ni Mtanzania wacha kubwata, chukua hatua, pigania haki yako, kama huwezi kaa KIMYA, Rais atafanya kwa wakati wake. Mambo yote unayoyataja kama unataka jibu la haraka elekeza maswali yako KWA KIWETE NA siyo kwangu MTANZANIA WA lumumba, KIKWETE ndiye aliyekuwa Ikulu, sio Magufuli wala mimi. JE wewe NI mpiga dili nini? Mbona una CHUKI SANA? HAPA NI KAZI TU. Akimaliza miaka 10 tunamuongezea mingine 10 KAZI kwako. Kama hutaki hamia Syria.

Nyie wawili mna ugomvi nini?

Ingekuwa vizuri kama tungekuwa tunajadili maslahi ya taifa letu kwa kuweka uchama pembeni maana sioni sababu yoyote ya kuanza kuleta uchama wadau.

 

[Mama Obama]

Vipi kuhusu tuhuma ya wafanya kazi wa TPA kuiba milion 48.

Je wamaeisha pelekwa mahakamani au mamlaka husika bado wanafanya uchunguzi kwanza?

KESI NI NYINGI, Tanzania ilikuwa haina uwongozi bora kwa miaka mingi. Kulikuwa NA uwozo WA ajabu, tusitegemee RAIS atamaliza kesi zote leo. KESI ZILIKUWA zikichukuwa HATA miaka 10, LAKINI KWA SASA NI KAZI TU. Mengi hatuyajuwi, Ndiyo maana majaji na mahakimu wanapelekwa Australia kupata mafundisho na nidhamu ya utumishi wa haki, ambayo zamani Kulikuwa NA upungufu mukubwa, mwenye PESA ndiye aliyekuwa ana haki.

 

[BAK]

Nalalamika bure na ushahidi nakuwekea halafu unasema nalalamika bure!? Wewe kweli ni taahira mkubwa. Kupigania haki yangu kama Mtanzania ni pamoja na kuanika maovu mbali mbali ndani ya Serikali na waongo kama wewe mnaotaka kuudanganya umma wa Watanzania kuhusu hii kesi na kumpa credit Magufuli wakati hii kesi ilikuwepo mahakamani kabla hajaingia madarakani.

Usilete uongo humu peleka kule mtaa wa Lumumba mwa mataahira wenzako watakuelewa na kukupigia makofi wewe na mtukufu wa Ikulu. Sina chuki bali nasema ukweli kuhusu maovu ya Serikali ya CCM.

Kwani Nyerere alipokuwa anasema uovu wa MACCM kwamba si chama cha wakulima na wafanyakazi alikuwa na chuki? Kwani Horace Kolimba aliposema CCM imepoteza muelekeo alikuwa na chuki? Kwani Jaji Warioba aliposema hivi juzi kwamba nchi haina muelekeo alikuwa ana chuki? Wote walisema vile kama Watanzania wenye kuitakia mema Tanzania.

Acha ufinyu wa fikra za kudhani Watanzania wanaokosoa utendaji wa Serikali hii na zilizopita wana chuki. Tafakari kwa kina kabla ya kuandika pumba. Hapo kwenye rangi ndiyo akili zako finyu zilipoishia. Pole zako nyingi sana.

Wewe huna maana, unalalmika bure, ama amekutumbua nini? Wewe ni Mtanzania wacha kubwata, chukua hatua, pigania haki yako, kama huwezi kaa KIMYA, Rais atafanya kwa wakati wake. Mambo yote unayoyataja kama unataka jibu la haraka elekeza maswali yako KWA KIWETE NA siyo kwangu MTANZANIA WA lumumba, KIKWETE ndiye aliyekuwa Ikulu, sio Magufuli wala mimi. JE wewe NI mpiga dili nini? Mbona una CHUKI SANA? HAPA NI KAZI TU. Akimaliza miaka 10 tunamuongezea mingine 10 KAZI kwako. Kama hutaki hamia Syria.

 

[leipzig]

KESI NI NYINGI, Tanzania ilikuwa haina uwongozi bora kwa miaka mingi. Kulikuwa NA uwozo WA ajabu, tusitegemee RAIS atamaliza kesi zote leo. KESI ZILIKUWA zikichukuwa HATA miaka 10, LAKINI KWA SASA NI KAZI TU. Mengi hatuyajuwi, Ndiyo maana majaji na mahakimu wanapelekwa Australia kupata mafundisho na nidhamu ya utumishi wa haki, ambayo zamani Kulikuwa NA upungufu mukubwa, mwenye PESA ndiye aliyekuwa ana haki.

Ungekuwa specific,uongozi bora uliishia awamu gani?

 

[zuberi Abraham]

Makampuni yote ya kigeni niwakimbiaji wa kodi Tax appeal board walivyotoa ruling yao March mwaka huu nilijua tu matokeo yake kwa Tribunal yatakua the same. Ila Barrack GM watakimbilia Mahakama ya rufani.kitengo cha biashara na kodi. Huko nako sheria ni hizi hizi. Hawa jamaa waache janja janja walipe hiyo 106 Bil yetu maana 1/3 washalipa wakati wanalodge hii appeal in first place