IMF Supports South African States On Indirect Tax Enforcement
by Lorys Charalambous, Tax-News.com, Cyprus
22 February 2016
The International Monetary Fund's (IMF's) Regional Technical Assistance Center in Southern Africa (AFRITAC South) held a seminar over February 15-19, 2016, on indirect tax compliance and coordinating border management.
The event brought together senior customs officials from revenue administrations from Angola, Comoros, Lesotho, Madagascar, Mauritius, Namibia, Seychelles, South Africa, Swaziland, Zambia, and Zimbabwe.
Participants shared their experiences and exchanged knowledge on enforcing indirect taxes, in particular in relation to the inspection of cargo and documents.
In addition, international experts shared with participants their knowledge and country experience of implementing Coordinated Border Management (CBM), a global customs initiative. It is a key program for maximizing revenues, facilitating trade, and ensuring the security and safety of citizens, the IMF said.
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