SABMiller FACES TAX SCANDAL

cream.b

Member
Apr 17, 2010
72
0
AN international charity organization, ActionAid, has released a scathing report accusing the Tanzania Breweries Limited (TBL) parent company, SABMiller Plc, of evading taxes amounting to millions of pounds in African countries in which it operates, including Tanzania.

According to the report titled; "Calling Time: Why SABMiller should stop dodging taxes in Africa," Tanzania could be losing up to 1.44 million Pounds (about 3.6bn/-) per annum from the said malpractices.

SABMiller controls majority shares in TBL with 52 per cent, while its former business partner turned rival East African Breweries Limited (EABL) has a 20 per cent stake.

The remaining 28 per cent stake is owned by the Tanzanian public through the Dar es Salaam Stock Exchange (DSE) where TBL is listed.

The company also has controlling interests in Tanzania Distilleries Limited (TDL).

Kazi tunayo hapa..
 

Toa taarifa ya maudhui yasiyofaa!

Kuna taarifa umeiona humu JamiiForums na haifai kubaki mtandaoni?
Fanya hivi...

Umesahau Password au akaunti yako?

Unapata ugumu kuikumbuka akaunti yako? Unakwama kuanzisha akaunti?
Contact us

Top Bottom