Khaatumo Region launched a Good & Sales Tax (VAT)

[SWorld]

Khaatumo Region has launched a Good & Sales Tax (VAT) on all transactions that will collect revenue for the region and will help to make it self-sustaining.

This is the result of good governance.

Something you will never see in a Xamar addicted to foreign aid, charity and begging.

 

[Hassan Garguute Buldanana]

Nice

 

[Pastoralist]

5% sales tax, manageable amount which will have a lasting impact. Money will be used for goods and services to reach everyone, further increasing revenue accumulated from taxes.

 

[SWorld]

5% sales tax, manageable amount which will have a lasting impact. Money will be used for goods and services to reach everyone, further increasing revenue accumulated from taxes.

Its 20% VAT here in UK.

I think even 10% is manageable without putting off people. But at least it is a start.

 

[DR OSMAN]

An informal economy where people don't pay taxes only leads to 3rd world conditions. I hope Khatumo formalizes all its economic industries and demand everyone living and operating in the land to pay their taxes. You need to stop allowing people to live on your land and operate businesses and pay nothing for it. The govt manages public services and its citizens and private industries who should pay taxes to their govt so it can do its bit.