Tag: tax administration
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Indonesia’s Finance Ministry Elevates 27 Officials, Many from Customs
Overview of the Appointment In a decisive move to refresh leadership within the Ministry of Finance, Indonesian Finance Minister Purbaya Yudhi Sadewa announced the appointment of 27 new echelon II officials. The ceremony, held at the Djuanda Hall on January 28, 2026, marks a significant reshuffle aimed at strengthening the ministry’s leadership and improving efficiency…
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Tax reforms to boost investor confidence: FFCCCII backs BIR audit reforms
FFCCCII backs reforms to BIR audits to shore up investor confidence The Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII) has voiced strong support for reforms in the Bureau of Internal Revenue’s (BIR) audit processes. The move, officials say, is aimed at enhancing transparency, consistency, and predictability—key elements that can boost investor confidence…
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Tax Reforms to Boost Investor Confidence: FFCCCII Weighs In on BIR Audit Reforms
FFCCCII backs targeted tax reforms to strengthen investor confidence The Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII) has voiced strong support for reforms in how the Bureau of Internal Revenue (BIR) conducts audits. In a move welcomed by business groups, the proposed changes aim to boost transparency, reduce friction, and improve predictability…
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Ghana Deploys AI-Powered Customs Tool to Curb $127B Revenue Leakage
Ghana Takes a Bold Step with AI-Driven Customs Ghana is launching a nationwide, AI-powered customs system aimed at plugging an estimated $127 billion in annual revenue leakages. The move, effective February 1, marks a significant upgrade in the country’s approach to border control, tax collection, and trade facilitation. By leveraging artificial intelligence, the government hopes…
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State Audit: Latvia’s Shadow Economy Plans—Are They Working?
Introduction: Latvia’s ongoing fight against the shadow economy The shadow economy, or informal economic activity not reflected in official statistics or taxed according to regulations, has long posed a challenge for Latvia. Since 2010, the country has sharpened its focus on reducing unreported work, evasion, and the broader tax gap. The central question confronting policymakers…
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Kagera TRA Smashes Target with 99% Revenue Capture in H1 2025/26
Impressive Half-Year Revenue Performance in Kagera The Tanzania Revenue Authority (TRA) in the Kagera Region is reporting a standout performance for the first half of the 2025/26 financial year. By the close of the period, TRA Kagera had collected an impressive 103.7 billion Tanzanian shillings, achieving 99 percent of its six-month revenue target of 104.6…
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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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State Audit Findings: Latvia’s Shadow Economy Plans Fall Short
Introduction: A Persistent Challenge The shadow economy—economic activity outside official statistics and tax obligations—remains a persistent challenge for Latvia. Since 2010, authorities have repeatedly sought to curb informal work, tax evasion, and undeclared income. A recent state audit assessment underscores that, despite ongoing reforms, the country’s plans to combat the shadow economy have not achieved…
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TRA Kagera Records 99% Revenue Collection in H1 2025/26
Overview: TRA Kagera hits near-target revenue collection The Tanzania Revenue Authority (TRA) in Kagera Region has posted a standout performance for the first half of the 2025/26 financial year, pulling in 103.7 billion Tanzanian shillings. This figure represents 99 percent of the six-month revenue goal of 104.6 billion, highlighting strong tax administration and improved compliance…

