He said TRA inahangaika now to enter into a major international agreement, which will help the auth

Foreign investors have expressed kutorosha agents turn money out of the economy of Tanzania, amounting to billions of dollars the United States, which yakibadilishwa, which reaches trillions ces 2013 of shillings. These funds have been zikiporwa in government because of tax evasion and in the community, through the purchase of goods abroad, that its value chakachuliwa to be added as opposed to the actual value.
That is in the Agency Report Global Financial Integrity (GFI) report, released yesterday in front of the Commissioner General of Tanzania Revenue Authority (TRA), Rished Bade and Governor of the Bank of Tanzania (BoT), Professor Benno Ndulu.
"This ces 2013 business takes place for the code to use accounting systems, has been ikipora government and community funds needed for the promotion of the private sector, building infrastructure and providing basic services.
"In calculating inclusive of capitalized crude was transferred to the economy of Tanzania illegal (cumulative growth Illicit flows) through this business is US $ billion 18.73 from 2001 to 2011, in large part moved in five years last a long time," stated statement.
Consequently, investors are taking advantage of the transfer of foreign money going out of the country, in the name of great value buy products, they buy products but are of little value to the other becomes imetoroshwa money abroad illegally.
"Estimates ces 2013 of the money transferred into the Tanzanian economy through the system ces 2013 to cheat the purchase value of goods imported, show a large part of these funds in the purchase of oil zimehamishwa which are exempted from tax on mining companies.
"The definition of this is that, apparently mining company, has been zikichakachua to add value to their costs of purchasing goods and services from abroad, to transfer the illegal capital," the report states.
Another part of the narrow passage kutorosha mentioned that money out of the country, is a project in the Special Investment Zone (EPZ), which has been given exemption from taxes (import duty) zitakazoagizwa raw materials for producing goods in the country, with the exemption of nonpayment of taxes (corporate tax) for 10 years.
Bot, TRA and speak PAC Governor of Bank of Tanzania (BoT), Professor Benno Ndulu said the report is important, since imewazindua eyes on fraud, perpetrated by traders kutorosha money to put in money laundering.
Commissioner General of Tanzania Revenue Authority (TRA), said Bade Rished GFI report would make his authority, seeking methods to tackle the problem of non commercial and legal invoices, flourish and make the country lose billions of dollars.
He said TRA has surprised me with foreign investors, tax evasion by giving false figures on the products they buy there that are tax exempted and how they use these statistics lie incorporate money laundering ces 2013 in the country.
He said TRA inahangaika now to enter into a major international agreement, which will help the authorities to identify fraud because it would allow authorities to communicate with zinakoenda product sold by origin entering the country.
For his part, Chairman of the Parliamentary Committee of Public Accounts (PAC), Zitto Kabwe said in the release ces 2013 slip and money laundering due to tax exemptions which issued ces 2013 arbitrarily by the Government. ces 2013
"The report determined that the exemptions for these investors ces 2013 has provided opportunities for these investors provide false statistics show that they buy these products at a great price when it is false," said Zitto.
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