Challenges to Electronic Fiscal Devices adoption in Tanzania
Daudi Mboma
Broschiertes Buch

Challenges to Electronic Fiscal Devices adoption in Tanzania

Enhancing VAT Services in Tanzania

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The Electronic Fiscal Device (EFD) has been introduced to VAT registered traders under the "The Value Added Tax (Electronic Fiscal Device) Regulation, 2010" - Subsidiary Legislation, Government Notice No. 192 published on May 28, 2010, and enshrined in the Finance Act 2010 with the main aim of enhancing VAT compliance in Tanzania.TRA s new EFD system became effective on July 1, 2010 (Finance Act, 2010). The system aims at allowing the taxman to get correct sales information from businesspeople; reduce tax collection costs and helping businesspeople to comply with the Value Added Tax (VAT) regu...