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Tax Invoice Monitoring System.pdf

PUBLIC-NOTICE-ISSUED-PURSUANT-TO-THE-TAX-ADMINISTRATION-2.pdf
Preview of Tax Invoice Monitoring System
🔗 Source: revenue.gov.ws
📊 Size: 305 KB
👤 Author: Goodnews Molesi
⬇️ Downloads: 64

Summary

The Ministry of Tax Administration has issued a public notice regarding the Tax Administration (Tax Invoice Monitoring System) Regulations 2020, which are now effective. The regulations provide the legal basis for the new electronic system, TIMS. Businesses will be required to comply with the regulations in five groups, with different implementation timelines: Group 1 by July 1, 2020, Group 2 by October 1, 2020, Group 3 by January 1, 2021, Group 4 by March 1, 2021, and Group 5 by June 1, 2021. Each group must register and comply with the regulations, and protocols for communication and data exchange have been established. A list of frequently asked questions and answers is available, and businesses can contact the TIMS Project Team for more information.

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Description

The Ministry of Tax Administration has issued a public notice regarding the Tax Administration (Tax Invoice Monitoring System) Regulations 2020, which are now...

Technical Information

  • File Format: PDF
  • File Size: 305 KB
  • Pages: 2
  • Language: EN
  • Author: Goodnews Molesi
  • Total Downloads: 64
  • Last Updated: 2 weeks ago

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This PDF document about Tax Invoice Monitoring System provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Tax Invoice Monitoring System.

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