IUF logo.

Beerworkers Archive


Post date: 06/17/2011 - 13:36

Five African Companys to keep an Eye on SAB Miller Tax Payments

Tax regulators from five African countries plan to meet this month to discuss the tax payments of global brewer SABMiller PLC, the latest sign that authorities on the continent are bolstering efforts to scrutinize outflows.

The June 28 meeting in Cape Town, South Africa, will follow reports from a nonprofit antipoverty group that said London-based SABMiller used various methods to reduce its tax liability in Zambia, Tanzania, Ghana and South Africa. The year-old, 31-member African Tax Administration Forum invited those four countries, plus Mauritius, to discuss SABMiller's tax payments.

Tax regulators from five African countries plan to meet this month to discuss the tax payments of global brewer SABMiller PLC, the latest sign that authorities on the continent are bolstering efforts to scrutinize outflows.

The June 28 meeting in Cape Town, South Africa, will follow reports from a nonprofit antipoverty group that said London-based SABMiller used various methods to reduce its tax liability in Zambia, Tanzania, Ghana and South Africa. The year-old, 31-member African Tax Administration Forum invited those four countries, plus Mauritius, to discuss SABMiller's tax payments.