This system also eliminates the spirit of unfair competition between business promoters.

Indeed, the electronic machines installed will give the real situation of the transactions made on a daily basis and thus allow to control the flow of sales made by the employees in real time. The reform of the electronic invoicing system is likely to relieve taxpayers who will no longer have to worry about controlling the accounting of their companies. This will not only help to fight against fraud, but above all will contribute to the increase of revenues. It is in this dynamic that the Ministry of Finance and Budget has decided to put in place measures to prevent fraudulent manipulation of sales or their non-declaration by a standardized invoice. To effectively fight against this fraud, it is necessary to strategically improve the country's tax policy on the one hand and to strengthen the capacity of the tax administration on the other hand in order to better control the tax base. The non-reporting or underreporting of taxable sales and income is a global challenge. It is therefore necessary for tax administrations to strengthen their capacities in the fight against the informal sector and tax evasion, which is manifested by the non-declaration or under-declaration of taxable sales and income. It is widely agreed that the much decried tax incivism is inversely proportional to the tax administration's ability to control the tax base. It is clear from the above that there is still considerable room for improvement in the performance of tax administrations in terms of controlling the tax base. The benefits are enormous: stronger controls increase tax revenues, which leads to larger government budgets, stronger economic growth and more room to maneuver in financing economy.ĭespite recent efforts by sub-Saharan Tax Administrations to control the tax base and thus increase tax revenues, tax revenues represent on average about 15% of GDP compared to 35% on average in OECD countries and 23% in Latin America.

The various economic and financial crises have provided governments around the world with a great opportunity to tackle tax evasion and the informal economy, which cause governments to lose large amounts of tax revenue each year. The National Center for Economic Information and Management Advice.CONGOLOSE AGENCY FOR INFORMATION SYSTEMS.

Currency and Foreign Financial Transactions.About The Minister Jean-Baptiste Ondaye.

Cg invoicer