BURS leakages aid tax evaders
Friday, May 21, 2021
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.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...