Mogadishu:- Members of the Somali Federal Parliament on Monday mentioned a movement on the brand new tax, worth added taxes (VAT)on retailers wherein the Ministry of Finance launched that took impact yesterday.
The Minister of Finance, Bihi Iman Egeh defined the phases that the tax has handed by way of, saying it’s was first launched in 1984. he recounted the progress made within the monetary reform, challenges and alternatives.
The Members welcomed how the Authorities dealt with the issues of Tuk-tuk drivers who protested towards excessive taxes, fines and different funds in acquiring licenses and challenges at Mogadishu seaport yesterday.
