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*ZIMRA Loses $4.5 Billion To Tax Evasion - Report* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?cw The Zimbabwe Revenue Authority (ZIMRA) is owed $4.5 billion in tax arrears by companies, some of which are owned by top politicians and business people with links to high ranking officials, a Zim morning Post report claims. A ZIMRA official who spoke to the Post had this to say: > ZIMRA is losing a lot of money and some companies opt to ZIMRA losing billions to tax evaders pay bribes to some officials just to avoid paying hefty tax fees. ZIMRA has also called upon Small to Medium business enterprises to pay up their dues. A ZIMRA official said: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > Small enterprises and co-operatives should register with ZIMRA and desist from tax evasion by virtue of their not being registered. > Such practices are illegal and once ZIMRA catches up with you there will be a lot of penalties involved which could result in the closure of some organisations. Tax evasion is said to be rampant in Zimbabwe as it is committed especially by the top brass who are part of the political/business complex. *Related:* *ZIMRA Official Poisoned For Investigating Smuggling Syndicate – Report* *ZIMRA Couple Set To Lose Unexplained Wealth* *ZIMRA Workers Annoyed By New Board Chair, Callisto Jokonya* *FULL TEXT: ZIMRA Customs Rummage Sale For Harare Ports On 25 April* *ZIMRA Lifts Garnish Order On ZISCOSTEEL Accounts* *More: Zim Morning Post* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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