Word: taxed
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...didn't go to the [factory] opening ceremony because I didn't want to be embarrassed when they said that I brought [Coca-Cola] to Afghanistan," says Kazimi, who claims his successors in the commerce department disregarded his commitments. "We promised them electricity, we promised them security. We offered tax holidays and tariff reductions. It didn't happen. How can anyone operate under these conditions...
...Government corruption is also a formidable obstacle, as it is in many developing countries. "If you need land, you have to pay a bribe," says Kazimi, the former Commerce Minister. "Electricity, you have to pay someone off. To import goods, you have to pay baksheesh. Everyone has a 'tax.'" Those who refuse to pay risk losing out to their business rivals. When Roshan, a cellular-phone company jointly owned by the Geneva-based Aga Khan Development Network, Monaco Telecom and MCT Corp. of the U.S., began building a network in Afghanistan in 2002, transmission equipment languished in customs for months...
...putting Afghanistan on par with a country like Sri Lanka. Besides Coca-Cola, multinational firms such as DHL, Standard Chartered Bank, the Hyatt hotel group, Toyota and Alcatel have also set up Afghan operations. In hope of convincing more to take the plunge, the ministry of commerce is reassessing tax laws, and groups like Afghanistan Investment Support Agency are helping to build industrial parks to encourage manufacturing. A steady rise in consumer spending should also boost the economy-for nearly 30 years, Afghans have been deprived of basic consumer goods, and they are eager to catch up. President Karzai...
...percent tax would have risen to 15 percent within three years. A committee that includes Associate Dean of the College Judith H. Kidd had recommended last month that student groups be exempted from the tax, which is imposed upon all units of the Faculty of Arts and Sciences. Faculty Dean Jeremy R. Knowles, though, told The Crimson last week that the tax would stand. “As Dean I should not (by making such exceptions) micro-manage the major units of the FAS,” Knowles wrote in an e-mail...
...move comes on the eve of the UC presidential election. One of the candidates, Ryan A. Petersen '08, had led the council's tax-relief advocacy. A rival, Tom D. Hadfield '08, had lambasted the UC's lobbying effort: “The current approach of asking administrators nicely is not working,” Hadfield said Wednesday...