- The SSRA Commissioner-General urged businesses to clear outstanding withholding taxes as South Sudan prepares to introduce VAT.
- South Sudan will implement VAT alongside the existing consumption tax.
- The current sales tax rate is 1.7%, much lower than the EAC minimum of 30%.
- An electronic receiving and invoicing system will be introduced to digitize transactions and improve tax administration.
- The new system aims to enhance efficiency, transparency, and accountability, especially for donor-funded projects.
Source: eyeradio.org
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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