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Tax evading companies receive warning from the Ministry of Finance

in Afghan Business

Tax evading companies receive warning from the Ministry of Finance

taxThe Ministry of Finance have warned a number of companies who have evaded taxes for several years.

The officials refused to name the companies; however, the names would be released to the public, if the companies failed to pay their taxes before the end of the Afghan fiscal year, coinciding with mid-January 2013.

According to the Ministry spokesman Waheed Tawhidi, the companies that have not cleared their accounts for a few years now are in the media, printing press, air, security, and telecom sectors.

Tax revenues are one of the ways to help Afghanistan move away from reliance on foreign aid. The government has taken several measures in the past few years to improve revenues, but the revenues are only a fraction of government expenditure.


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