BURS leakages aid tax evaders

It is said that a lot of foreign nationals  owned businesses have used these gaps to master the art of tax evasion, sending out millions of Pula from the country on a daily basis.

“The problem starts at the borders with manipulation of the BURS system which is not intelligent enough to detect some obvious under valuing, for example. There are  also officers there who allegedly connive with customs clearing agents. The problem of leakages is massive as BURS through Investigations, Compliance and Enforcement (ICE) Unit has since pounced on many businesses who failed to declare rightfully. These are mostly foreigners-owned operations. They have mastered the whole system and are declaring only a small amount of what they are due to pay as they ‘fake’ invoices,” a source said.