Malawi accuses US firm of owing $300 billion in unpaid mining taxes
Malawi's government accused a US firm of evading duty on sales of rubies and sapphires mined from 2008.
Source: news24.com
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Malawi Says Fair Trade Gemstone Co. Owes $309.6B In Taxes
A gemstone company that bills its products as fair trade and responsibly sourced owes Malawi's government $309.6 billion in unpaid taxes related to ruby and sapphire extraction, according to a letter shared with Law360 on Tuesday.
Source: law360.com
Malawi Government demands US$309.6 billion from US Company for illegal mining
Malawi breaking news publishing 24 hours a day news about Malawi, Malawi Business, Malawi Tourism, Malawi Politics, Malawi News
Source: nyasatimes.com