REVENUE AUTHORITY

The Revenue Authority is the agency charged with collecting the taxes that are prescribed by the Decrees developed by the Customs and Taxation Department in the Ministry of Finance. The entity will eventually become large as the taxpayer registration, returns processing and collection functions expand as the number of taxpayers and tax types increase. At an appropriate time it would be acceptable to have the Revenue Authority established as an independent entity, however taxation policy would remain with the Ministry of Finance.

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