Economic

MoF, Kabul Municipality Sign MoU

Sunday, February 04, 2018

Kabul (BNA) A Memorandum of Understanding on cooperation was signed between Ministry of Finance and Kabul Municipality regarding contingent extension of tax-payer license upon their tax clearance at the Government Media and Information Center (GMIC) in presence of media here yesterday.
“According to the memorandum, in order to collect and manage the tax-payer revenue better, Kabul Municipality is required to extend and cancel the tax-payer license, conditional to their tax clearance and subject to the tax laws. There was no communication between the Ministry of Finance and the Municipality of Kabul before signing of the memorandum of understanding,” the ministry of finance press release added.
The memorandum of understanding aims further cooperation and coordination between Ministry of Finance and the Municipality of Kabul,” said Dr. Najeebullah Wardak, Deputy Minister of Finance while signing the MoU.
“According to the memorandum of understanding, the municipality is obliged to renew license of those tax-payers owing in the past subject to their tax clearance,” he added.
“With the implementation of the MoU, tax evasion will be avoided,” said Abdullah Habibzai, Mayor of Kabul. “After this, the tax-payers should pay their taxes in accordance with the laws and regulation at the given time in order to renew and obtain license, otherwise they will be denied access to license,” he added as quoted in the press release.
It is worth mentioning that, the memorandum of understanding facilitates and speeds up the process of licensing and tax clearance, accurate statistics of tax-payers and identification of new categories of taxpayers, raise their level of compliance, enforce the same laws, increase the quality of service for citizens, simplifies the process of data sharing between the parties, saves costs and increase national revenues.
 

Show More

Related Articles

Back to top button