Value Added Tax (VAT) Implemented in Mogadishu

[Che -Guevara]

 

[Che -Guevara]

This is good development and the federal finance ministry have also been working state finance ministries to harmonize taxes and implement across the land.

 

Kudos to Wasiir Abdirahman Ducaale, one of few competent and genuinely, sincere ministers. He has said it in the past, there's no honor in dawarsi.

 

A government with no revenue stream is no government,

[galbeedi]

The millions of dollars that developing countries ask for donors are raised in this way.

 

Customers should demand receipts after they but something. These any many millions of transduction will deliver a lot of revenue to the state.

 

I would also add taxing incomes including money that people receive through Hawala, and the Hawala companies will deduct the taxes and transfer to government account.

 

Now they reduced to 5% , but in the nineties when we came to Canada, the provincial sales tax was 8% plus another 7% federal Goods and service tax (GST) , totaling 15%. They used to add 15% to telephone calls, clothes , fuel and every sales and services which brought almost $19 Billion revenue a year.

 

Now I know that Somalia is o the right track.

 

. 

[Holac]

Hard to make it work in a country full of cheaters and free-loaders, but a great step in the right direction nonetheless. Mr Beyle is trying his best to bring back the country. 

[maakhiri1]

Start from top, big companies, that can be audited easily.

 

Many of small businesses, can easily fool  and misreport their takings!

 

or this just for the show, trying to impress those donors!

 

 

[Old_Observer]

Even if its a show, once it starts government will be hooke to it, then becomes serious.

 

One way to minimize misreporting is when a person comes to open or renew licence, force them even on loan to buy a sales register machine. Of course even in the west sometimes they open and close it and is not recorded, but slowly can be common.

The government can do spot audit like once a year taking sample of couple of days in different months.

 

 

[cadnaan1]

Just the telecommunications and the hawalas can bring million's dollars.

[Che -Guevara]

9 hours ago, cadnaan1 said:

Just the telecommunications and the hawalas can bring million's dollars.

 These are indeed big ones some of whom are impediment to a functioning Somali state.

[Miskiin-Macruuf-Aqiyaar]

On 2/1/2018 at 11:42 PM, maakhiri1 said:

Start from top, big companies, that can be audited easily.

 

Many of small businesses, can easily fool  and misreport their takings!

 

or this just for the show, trying to impress those donors!

 

 

 

Waa biloow, waana wanaagsantahay in la soo dhaweeyo.

 

Canshuurtaan ganacsatada yar yar wax uma dhibeyso. I believe it will be like the Kenyan one, where they usually add the value tax where sales are recorded electronically at the major supermarkets, major retail stores, well-known restaurants, hotels and gas stations.

 

I also hope they tax xawaaladaha markee dadka qaadanayaan, something like one dollar per hundred. Muqdisho homeowners already pay annual property tax, though dowladda hoose Banaadir is the one that collects it.

[Yunis]

Positive baby steps, Well done Minister Beyle.

[Che -Guevara]

 

[Che -Guevara]

 

[Holac]

Beyle is an honest man who cares deeply about his country.  

 

Beyle 2022

[Che -Guevara]

^I would support that!

[maakhiri1]

I would recommend Beyle to stop spending too much time on social media/Tv and do the work.

 

No emotional black-mail, No body likes to pay TAX, Less talk more action. Introduce taxation and enforce.