Tajik authorities seek additional sources of tax revenue

Tajik authorities are seeking additional funds to replenish the revenue part of the national budget.   The Government has ordered relevant ministries and agencies to find new sources of tax revenue.    The Ministry of Finance, the Tax Committee, the Customs Service and other ministries and agencies as well as local authorities are ordered to take additional […]

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Tajik authorities are seeking additional funds to replenish the revenue part of the national budget.  

The Government has ordered relevant ministries and agencies to find new sources of tax revenue.   

The Ministry of Finance, the Tax Committee, the Customs Service and other ministries and agencies as well as local authorities are ordered to take additional measures to find new sources of tax revenue, reads the government’s resolution on the results of socioeconomic development of the Republic of Tajikistan in 2019 and tasks for 2020.  

Last year, Tajikistan failed to fulfill its target on collection of taxes and other obligatory payments and the national budget received 516 million somoni (equivalent to more than 53 million USD) less that it was originally planned. 

Chairman of the Tax Committee under the Government of Tajikistan, Nusratullo Davlatzoda, told reporters in Dushanbe on February 12 that Tajikistan last year reached 96.1 percent of its tax collection target.  

According to him, 432 million somoni were lost due activities of mobile companies

Since 2015, mobile companies have been gradually moving from voice service of customers to other modern kinds of service, which are not regulated by the country’s legislation.  Today everything is done via the Internet, and we have begun to receive taxes in small amounts,” Tajik tax chief officer noted.  

He further added that many mobile companies had slowed down their activities compared to the previous years, and “some of them are losing the market.”

On the one hand, the revenue part of the budget is growing annually, but on the other hand, tax sources are declining,” Davlatzoda concluded.  

The government plans to increase taxa collection target by 10 percent annually in the medium term.  

In 2020, tax receipts are projected to stand at 17.9 billion somoni, 1.6 billion somoni more than in 2019.  

The share of taxes in the total volume of the budget revenues amounts to some 70 percent.   

 

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