President John Pombe Magufuli has been on his crusade that mining companies that have been working in Tanzania have been ripping off the country, mainly by under-declaring the true worth of what they take out of the country. PHOTO | FILE
Tanzania has slapped Acacia Mining with a $190 billion tax bill, potentially escalating the dispute over royalties the government says it is owed.
The firm said it received a notice on the tax bill Monday from the Tanzania Revenue Authority (TRA) for historical corporate income tax, covering the last 17 years.
