Tax aspects in IMF Country Report on the seventh review of the extended fund facility for Suriname: Prioritizing improvements in the VAT administration to reduce VAT refund arrears and improve compliance and collections. Government continues working with banks to develop an online VAT payment option by end-November 2024. All importers and exporters are now mandated to use the FIN when processing transactions with CED. The mandate will be expanded to cover all taxpayers by end-December 2024. Recruitment of at least 25 new staff at the Tax Department by end-November 2024 (Suriname)
The Executive Board of the International Monetary Fund (IMF) completed the seventh review under the Extended Fund Facility (EFF) arrangement for Suriname, allowing for an immediate purchase equivalent to SDR 46.7 million (about USD 63 million) of which SDR 19.1 million or about USD 25.8 million would be for budget support. This has been announced on 29 October 2024 with a press release on the website of the IMF issued ...
Tax aspects in IMF Country Report on the sixth review of the extended fund facility for Suriname. Authorities are prioritizing improvements in the VAT administration to reduce refund arrears and improve compliance and collections, including ‘fast-tracking refunds’ for compliant taxpayers by setting up a “gold list” of top taxpayers (Suriname)
The Executive Board of the International Monetary Fund (IMF) completed the sixth review under the Extended Fund Facility (EFF) arrangement for Suriname, allowing for an immediate purchase equivalent to SDR 46.7 million (about US$ 61.5 million) of which SDR 19.1 million or about US$25.2 million would be for budget support. This has been announced on 31 July 2024 with a press release on the website of the IMF issued on ...
Tax aspects in IMF Country Report: Government will mandate that all tax declarations and transactions use a Tax Identification Number by end-June 2024. A new 5 percent VAT rate will be introduced on water, electricity and cooking gas in June 2024 (Suriname)
The Executive Board of the International Monetary Fund (IMF) completed the fifth review under the Extended Fund Facility (EFF) arrangement for Suriname, allowing for an immediate purchase equivalent to SDR 46.7 million (about USD 62 million) of which SDR 19.1 million or about USD 25 million would be for budget support. This has been announced on 26 April 2024 with a press release on the website of the IMF issued ...