FMS and FGS Ministry of Finances agree on Income Tax Bill, split on World Bank money, single tariff rate, Internal Audit

[bidenkulaha]

This is the income tax bill summarised

They want it implemented in full in time for 2024 budget which is a few months away.

IMF, World Bank will be supporting capacity building with SERP which is to be unveiled in September

 

[Avalanche]

Great time ahead

 

[bidenkulaha]

Great time ahead

Central-South Somalia will become a real country. It’s great to see us push ahead

 

[Hilmaam]

Lol dam tax rates kind of steep. People in surivival mode might not have that money by end of the year. Also surprised nothing about property tax but good to see rental tax which targets rich and diaspora

 

[bidenkulaha]

 

[bidenkulaha]

Lol dam tax rates kind of steep. People in surivival mode might not have that money by end of the year. Also surprised nothing about property tax but good to see rental tax which targets rich and diaspora

I’m not sure about this but property tax is a FMS tax I believe. Will have to re-read the agreements in the NCC

 

[bidenkulaha]

War murtiyeedka