Ugandan trade mis-invoicing showcases chronic development hurdle

Jon Montgomery

May 22 2014

A new survey has highlighted that Uganda lost approximately $884 million in 2002 to 2011 through transfer mis-invoicing. Reasons cited for constant increases in tax revenue losses include a mix of bribery, lack of governance and the influence of the western-orientated, global financial system.

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Jon Montgomery

Jon Montgomery previously worked at ITR

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