Tag: Digital taxation
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Tanzania’s Kagera TRA Hits 99% of Half-Year Revenue Target with 103.7bn/- Collection
Stellar Half-Year Performance for Kagera TRA The Tanzania Revenue Authority (TRA) in the Kagera Region has delivered an impressive fiscal performance for the first half of the 2025/26 financial year. Official figures show a total collection of 103.7 billion Tanzanian shillings, which stands at 99 percent of the six-month revenue target of 104.6 billion shillings.…
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Avalara Tax Changes 2026: Major Shifts Reshaping Global Business Compliance
Ahead of 2026: Avalara’s 10th Annual Tax Changes Report Avalara, a leading name in tax compliance services, has released its 10th annual Tax Changes report, highlighting how 2026 is set to bring sweeping shifts for businesses around the world. The study underscores a continuing trend: tax authorities are tightening rules, expanding jurisdictions, and accelerating digital…
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Digital Continuous Transactional Reporting for VAT: OECD Policy Insights
Overview: Why Digital Continuous Transactional Reporting for VAT matters The OECD report on Digital Continuous Transactional Reporting (CTR) for Value-Added Tax (VAT) highlights a transformative approach to tax administration. By mandating real-time or near-real-time reporting of every taxable transaction, governments can improve VAT collection, minimize fraud, and strengthen fiscal resilience. This shift aligns with broader…
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Audit Suspension and Beyond: Taxpayers’ Christmas Wish List for Clarity and a Smarter Tax System
Introduction: ASeason of Pause and Possibility This holiday season brings more than gifts and surprises; it marks a rare pause in BIR field audits and ignites a hopeful conversation about a tax system that is clearer, smarter, and fairer for all. The interruption in routine enforcement provides a moment to reflect on what works, what…
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DEPDev Chief Balisacan Pushes Stricter Tax Enforcement Over New Holidays, VAT Cuts
Government Rebuffs Tax Holidays and VAT Cuts in Favor of Stronger Tax Enforcement The Philippine government, led by Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio M. Balisacan, is signaling a clear preference for tightening the reins on existing tax measures rather than introducing new relief like tax holidays or lowering the value-added tax…