RDC: Tax Authority Condemns Fiscal Rebellion Over Invoice Reform

Par Rédaction Flash Radio | | Catégorie : Économie

RDC: Tax Authority Condemns Fiscal Rebellion Over Invoice Reform
RDC: Tax Authority Condemns Fiscal Rebellion Over Invoice Reform

Good news — Flash Radio shares this positive update with you. VAT fraud in the Democratic Republic of Congo enriches economic operators, accuses Public Finance Minister Doudou Fwamba Likunde Li-Botayi

Good news — Flash Radio shares this positive update with you. VAT fraud in the Democratic Republic of Congo enriches economic operators, accuses Public Finance Minister Doudou Fwamba Likunde Li-Botayi. To boost public revenues, his ministry launched the so-called 'normalized' invoice reform, an electronic device that establishes a single, computerized invoice connected to a public server. The system is supposed to allow the state to know exactly the level of VAT collected by companies. However, after months of awareness campaigns and moratoriums, resistance remains widespread on the ground. And on the first day of inspections, few model businesses are observed. Key points: ▸ VAT fraud in the Democratic Republic of Congo enriches economic operators, accuses Public Finance Minister Doudou Fwamba Likunde Li-Botayi. ▸ To boost public revenues, his ministry launched the so-called 'normalized' invoice reform, an electronic device that establishes a single, computerized invoice connected to a public server. ▸ However, after months of awareness campaigns and moratoriums, resistance remains widespread on the ground.
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