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e-Tamga: A New VAT Payment System for Transparency and Efficiency

  • Prime Minister outlined provisions of proposed new Tax Code in letter to Senate deputies
  • New VAT Payment System “e-Tamga” will be based on simple digital solutions
  • All VAT payments will be made on basis of electronic VAT invoices
  • System will increase transparency, integrity, and eliminate tax evasion
  • System will simplify and automate VAT refund procedure
  • “e-Tamga” will be implemented in pilot phase on voluntary basis before full-scale rollout.

Source: kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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