South African taxman brings in less revenue than Amazon, Apple, Google, and Microsoft

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South African taxman brings in less revenue than Amazon, Apple, Google, and Microsoft
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The largest tech companies in the world — Amazon, Apple, Microsoft, and Google — generate far more revenue than the South African Revenue Service.

The largest tech companies in the world — Amazon, Apple, Microsoft, and Google — generate far more revenue than the South African Revenue Service .

South Africa’s higher tax revenues were good news for South Africa, which is battling rising debt fuelled by the Covid-19 pandemic. Amazon, the world’s largest online retailer and cloud computing provider, generated R10.13 trillion in revenue over the last year.

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