JF Exclusive: Mauritius Leaks name Tanzania companies in tax avoidance

JF Exclusive: Mauritius Leaks name Tanzania companies in tax avoidance

“Tax efficiencies refers to not incurring double taxation. It does not mean tax evasion. Taxes are always paid in country of origin (Tanzania, Kenya, etc.) however Mauritius limits additional taxes to be paid on top of those taxes already levied. So taxes are still paid in Tanzania, but there is a limited additional tax levied by Mauritius. I would suggest that you talk to KPMG directly. They can explain these recommendations and the double taxation issues,” Ubongo noted further.

There is a very thin line between tax avoidance and tax evasion.
 
Besides the point, but the first part - just before "The Companies" - could do with some editing.

Reading of the one company, Ubungo, their defense sounds plausible. Could they be lying? Did they actually receive the funds before re-registering as an NPE? Wataalamu wa uchumi mtudadavulie tafadhali. It would be such a shame if Ubongo Kids is found guilty of this. I love their work.

As I was reading this, I couldn't help recalling:
mpaper_1563363693_5d2f096d5ea21.jpg
 
Besides the point, but the first part - just before "The Companies" - could do with some editing.

Reading of the one company, Ubungo, their defense sounds plausible. Could they be lying? Did they actually receive the funds before re-registering as an NPE? Wataalamu wa uchumi mtudadavulie tafadhali. It would be such a shame if Ubongo Kids is found guilty of this. I love their work.

As I was reading this, I couldn't help recalling:
View attachment 1160047
Taifa Gas? .... not even a month after its pompous inagural ceremony by the President of Tz .... it sounds like a kackle
 
who are the legal owners of Ubongo Group with their stakes respectively in person?
This might provide a glimpse
 
Hii inaitwa bandika bandua huu mwezi ni hatari

Rostam muiran Huyu sijui mnini ni zaidi ya fisadi

Mkulu njoo huku ujionee

Wastaafu ndio maana wanaogopa kusema haya sasa mtanyofolewa huku
Mahakama ya East Africa kamata mwizi wote wakae ndani tuanze upya
 
One has been named (Ubongo) and given an holy chance to reply, others are coming very soon...

Kuna kampuni inaitwa ABin Bev iliyoinunua sabmiller (TBL TANZANIA) nao wameondoa wafanyakazi wote vitengo finance and everything almost is operated from Mauritius. Hebu nayo jaribu kuiangalia kama sio wakwepa kodi kweli.
 
Aliyeandika hii story hajui hela, ukiandika USD ikafata kituo mfano USD.370mil inamaanisha USD 0.37mil ambayo ni hela ndogo sana kama TZS 700mil tu. Kama alitaka kumaanisha TZS 700bil hivyo vituo angetoa aandike USD 370mil aache kuchanganya watu. Kama 700mil ndo zinakua pushed huko sioni hata mshtuko wa hii habari, hela ndogo sana hiyo kwenye game zima la laundering. Effect yake kwenye uchumi ni almost negligible.
 
Hii inaitwa bandika bandua huu mwezi ni hatari

Rostam muiran Huyu sijui mnini ni zaidi ya fisadi

Mkulu njoo huku ujionee

Wastaafu ndio maana wanaogopa kusema haya sasa mtanyofolewa huku
Mahakama ya East Africa kamata mwizi wote wakae ndani tuanze upya

Mkulu ataielewa hii lugha?
 
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