This topic records the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures the administrative burden in paying taxes and contributions.
COMPLETED REFORMS | IMPACT | |
1 | Electronic filing of all federal taxes | The electronic payment and e-filing platform has reduced the number of payments and filings for federal taxes and the time for compliance. |
2 | Roll out of electronic self service help desks at all FIRS offices |
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3 | Creation of a simplified single schedule for each tax type on the e-filing platform | Further reduced the time to prepare, make payment and file returns for Profit Tax, VAT and all federal taxes on the e-platform of the FIRS. |