VATupdate

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Kenya seeks Rwanda’s VAT collection model to boost revenues

  • Rwanda’s version of the electronic billing provides real-time data and is increasingly capturing the informal sector.
  • The system collects tax data, monitors stocks and links this in real time to taxman’s database.
  • Since 2017, Rwanda has seen a 48 percent increase in VAT collections.

Source: theeastafrican.co.ke

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