[Tax] South Africa, Revisited: Trade Misinvoicing and Lost Revenue in 2016 from @IllicitFlows - GFI looking at gaps and mismatches in Comtrade data again ....pic.twitter.com/byRqIyQnha
Business and sustainable development. Accountability. Tax. Feminist test case. Media: Tom Gardner at Slater & Gordon 0207 657 1690 press@slatergordon.co.uk
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[Tax] South Africa, Revisited: Trade Misinvoicing and Lost Revenue in 2016 from @IllicitFlows - GFI looking at gaps and mismatches in Comtrade data again ....pic.twitter.com/byRqIyQnha
Maya Forstater Retweeted Maya Forstater
As i've said previously I'm not convinced by whether you can really identify misinvoicing like this, or by the basis of the tax calculations....https://twitter.com/MForstater/status/1155769274184716289 …
Maya Forstater added,
But also interestingly the number for 2016 has gone down by almost half from the number for 2010-2014. (where it was $7.4bn/ year). What is going on? I'm curious!
Back in 2018 they said the big ticket areas were imports of machinery, knitwear and vehicles, among the most commonly imported items into South Africapic.twitter.com/FXwP2KiM2Q
I'm sure all kinds of customs fraud goes on. I'm just not sure that these numbers tell you anything about it. [And they defiantly don't tell you anything about transfer mispricing ]
And defiant or not, they definitely don't tell you that.

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