The Namibia Revenue Agency (Namra) is investigating tax refund scams amounting to N$833 million. The total refund amount under scrutiny has seen a substantial increase since the investigations commenced in March 2022, skyrocketing from an initial sum of N$15 million to N$833 million. Investigations into tax refund scams have implicated a total of 1 168...
November 18, 2024
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July 20, 2023July 20, 2023Uncategorized
Tax refund scam stands at N$833 million
The amount of a tax refund scam that was uncovered last year now stands at N$833 million. The Namibian Revenue Agency (NamRA) says the network of tax evasion involves 1,168 taxpayers across 84 institutions. In a media statement, NamRA reports that as of the 18th of July, the investigation had brought to light an astounding...
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July 20, 2023July 20, 2023Uncategorized
Tax refund scam stands at N$833 million – nbc
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July 20, 2023July 20, 2023Uncategorized
A total of 1 168 taxpayers have been implicated in a refund scam as the embezzled amount increases to N$833 million
Business Reporter The Namibia Revenue Agency (NamRA) has announced significant progress in the investigation of the fraudulent income tax refund scam that began in March 2022. Steven Ndorokaze, Chief Communications Officer at NamRA, stated that as of 18 July 2023, investigations have implicated a total of 1 168 taxpayers employed at 84 institutions, including private...