THE Tanzania Revenue Authority (TRA) is on its final trials before fixing Electronic Fiscal Devices (EFDs) at all fuel pumps, in a move aimed to improve collection of tax. The taxman said initial trials conducted for almost a year at Engen’s pump stations has shown positive results not only to the authority but to the firm on maximising revenue. […]

SPANISH Tax Agency (AEAT) has launched a crusade against zappers, which allow taxpayers to easily hide accounting records. In December 2014, a special task force with AEAT technicians uncovered the complex fraudulent practices in a chain of Italian restaurants. […]

Albanian government aims to fight grey economy in the country by launching soon fiscal receipt lottery, thus following similar move in neighbouring Macedonia of last year. […]

Slovakia has a VAT gap because too many businesses are not paying the tax money they owe. Slovakia’s solution to its VAT problem is a lottery. […]

Barely six months after the introduction of Electronic Billing Machines, Rwanda revenue authority (RRA) says the results are impressive. […]

Business at Tanzania’s busiest commercial enclave of Kariakoo in Dar es Salaam almost came to a standstill yesterday as most traders refused to open their shops, protesting the introduction the Electronic Fiscal Devices (EFDs) by the Tanzania Revenue Authority (TRA). […]

NON compliant businesses to the Electronic Fiscal Devices (EFDs) will not escape the ‘legal arm’ following a countrywide inspection campaign by the Tanzania Revenue Authority (TRA) in collaboration with the Police Force. […]

The Rwanda Revenue Authority (RRA) recorded Rwf759.8 billion in total tax revenue collection during the July 2013-June 2014 fiscal year, which was short of the targeted Rwf782.5 billion. […]

Use of unregistered Electronic Fiscal Devices (EFDs) is illegal and will draw severe legal penalties, traders have been warned. The warning was issued over the weekend by the Tanzania Revenue Authority (TRA) whose officials say hefty penalties will be levied against the perpetrators. […]

The Tanzania Revenue Authority (TRA) has reported more than double increase of revenue collections in just three years, an achievement the agency is associating with increased use of Electronic Fiscal Devices (EFDs). TRA says the business community in the country is now increasingly more complacent with the use of EFDs which they had previously rejected. […]

TThe Rwanda Revenue Authority (RRA) has launched the 13th Taxpayers’ Day celebrations with a promise to widen the country’s tax base. The Tax payer’s Day showcases the contribution of taxpayers to national development. […]

Zimbabwe’s Econet’s Mobile Money service, EcoCash and MasterCard are set to give over 3 million MasterCard debit cards to EcoCash customers in the next five years after EcoCash announced a landmark agreement with MasterCard […]

Strive Masiyiwa, founder and chairman of Econet Wireless, wants to turn the company’s mobile wallet technology, known as EcoCash, into Zimbabwe’s primary method of payment. […]

Registered retailers have been mandatorily required to issue invoices through the Fiscal Electronic Cash Register (FECR) of which the Federal Board of Revenue (FBR) will have real-time access for the scrutiny of sales and purchase data. […]

Alhaji Kabir Mashi, Acting Executive Chairman, Federal Inland Revenue Service (FIRS), said it was technically difficult to measure Value Added Tax (VAT) in the financial service sector. […]

Commission report says corporation tax rules may have to be adapted to respond to digitalisation. European Union member states should adopt a common position on corporation tax in the current debate on changing global tax rules, according to a high level European Commission report on the digital economy. […]

The tax authority is concerned that many traders, especially in the small and medium business cluster, are scheming ways to avoid using the electronic billing machines, leading to loss of revenue through tax evasion. […]

Senior IT. Correspondent Local government areas in Cross River State have introduced payment of levies through Point of Sale terminals in market places so as to curb multiple taxation and thefts by tax collectors. […]

A report released by the Ethiopian Revenue and Customs Authority (ERCA) on Monday, May 12, 2014, has unveiled the authority has failed its target of collecting 88.3 Billion Birr […]

The Organization for Economic Co-operation and Development has released a new report advising African nations on how to boost their tax revenue collections to foster sustainable development. […]

Santo Domingo square in downtown Mexico City is a colonial jewel where old-fashioned scribes write letters for the illiterate. Until a few weeks ago, it was also a place where unscrupulous vendors created fake invoices for tax-dodgers.[…]

EARLY calculations by state economists show that the real impact of the receipt lottery on the collection of value-added tax will be some €8 million a year, just a fraction of the income that already goes into the state’s coffers. […]