- National Assembly of Madagascar adopted Bill No. 012/2024 to amend Finance Law
- Aim is to strengthen revenue mobilisation and security through tax measures
- Bill will pass through Senate and possibly have a second reading in National Assembly
- Proposed amendments include banning export for taxpayers with arrears, exempting VAT on donations to public utility foundations, implementing online invoicing solution, launching e-VAT platform.
Source: ensafrica.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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