BETTING SHOPS IN TAX FRAUD

Many betting shops in Harare are transacting in foreign
currency, but issuing all receipts in Zimbabwe dollars, which is legally a tax
fraud.

Most of these betting shops have been remitting all their
taxes in local currency and retaining foreign curre…

Many betting shops in Harare are transacting in foreign currency, but issuing all receipts in Zimbabwe dollars, which is legally a tax fraud. Most of these betting shops have been remitting all their taxes in local currency and retaining foreign currency, although some say they separate the revenue streams later when calculating their taxes and only use single currency receipting because of