Afghanistan's Safi Airways to be grounded for failure to pay taxes

The Afghan Civil Aviation Authority [ACAA] has announced that it will ground Safi Airways, an Afghan airline operating since 2006, for failing to pay taxes amounting to 1.6 billion Afghanis [16.7 million dollars]. 

"Effective Tuesday, all domestic flights and Thursday all international flights are suspended," a statement by the ACAA said on Sunday.

According to the statement, the company refused to pay its taxes and debts to the Afghan Ministry of Finance over a two-year period from March 2011 to March 2013, despite repeated warnings "to take action."

The Afghan government has given the airline one month to "pay its debts and taxes through the previously agreed upon terms," otherwise "the tax department can request seizure and sale of all airline assets via the court."

Safi Airways currently operates 74 flights per week to seven domestic and international destinations.

Last update: Sun, 04/09/2016 - 16:00

More from Business

Other countries join OPEC to cut oil output by 1.76 million barrels

The Organization of the Petroleum Exporting Countries (OPEC) managed to broaden its efforts to cut oil output on...

Greek ferry strike ends after eight days

A nationwide strike by Greek ferry workers that led to supply shortages on a several islands ended Saturday after...

Sky accepts 18-billion-pound takeover bid by 21st Century Fox

The board of British broadcaster Sky has accepted a takeover bid worth some 18 billion pounds (22.6 billion dollars...

Pilots resume negotiations with Lufthansa in long-running pay battle

Pilots working for Germany's flagship airline, Lufthansa, have returned to the negotiating table with their...

One third of big Australian companies pay no tax, tax office says

More than a third of the largest companies in Australia paid no tax in the previous financial year, according to...