'Round-tripping' squared off.A blitz blitz n. 1. a. A blitzkrieg. b. A heavy aerial bombardment. 2. An intense campaign: a media blitz focused on young voters. 3. on businesses and individual earners has earned the Namibian government over a billion dollars in additional tax revenue following a 'zero tolerance on tax evasion' crackdown crack·down n. An act or example of forceful regulation, repression, or restraint: a crackdown on crime. Noun 1. . The squeeze followed reports of some businesses operating in northern Namibia Namibia (nämĭb`ēə), officially Republic of Namibia, republic (2005 est. pop. 2,031,000), c.318,000 sq mi (823,620 sq km), SW Africa. and that were not paying tax on their dealings with Angola. "We unearthed Unearthed is the name of a Triple J project to find and "dig up" (hence the name) hidden talent in regional Australia. Unearthed has had three incarnations - they first visited each region of Australia where Triple J had a transmitter - 41 regions in all. a number of cases where officials work together with businessmen in order to do 'round-tripping'," says Calle Schlettwein, Namibia's permanent secretary for finance. Round-tripping is the illegal export of goods on paper that were in fact sold in Namibia. Across the board, tax paid by individuals increased by N$206m ($34m), while company taxes netted an extra N$955 ($160m). |
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