High-Level Summary Technical Assistance Reports

Guinea Bissau: Further Improvements in Tax Compliance

By Paulo Paz, Antonia Dias, Clair Hickmann, Gustavo Figueiredo

May 1, 2024

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Paulo Paz, Antonia Dias, Clair Hickmann, and Gustavo Figueiredo. Guinea Bissau: Further Improvements in Tax Compliance, (USA: International Monetary Fund, 2024) accessed November 8, 2024

Summary

This summary provides an overview of the guidance provided to the Guinea-Bissau tax administration on the consolidation of its modernization agenda, underpinned by the tax administration´s digital transformation. Starting amid the COVID-19 pandemic, the digitalization journey has progressively improved taxpayer services with FAD guidance. The tax administration reform´s next steps should focus on the use of information technology and third-party data to enhance timely voluntary tax compliance, enforce accurate reporting, and incentivize and monitor revenue mobilization. The TA report also reviewed the next steps to the Value-Added Tax implementation.

Subject: International organization, Monetary policy, Revenue administration, Tax administration core functions, Tax law, Tax policy, Tax return filing compliance, Taxes, Taxpayer services, Value-added tax

Keywords: Capacity development mission team, FAD mission, Next step, Penalty regime, Tax administration core functions, Tax law, Tax return filing compliance, Taxpayer services, Third-party data, Value-added tax

Publication Details

  • Pages:

    4

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    High Level Summary Technical Assistance Report No. 2024/015

  • Stock No:

    HLSEA2024015

  • ISBN:

    9798400272684

  • ISSN:

    2959-4103

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