Up Next: RDC recalls the payment deadline for IERE and VAT set for September 15, 2023
The Directorate General of Taxes (DGI) of the Democratic Republic of Congo (DRC) recently reminded taxpayers of the deadline for payment of the Tax on Reconstruction and Equipment Efforts (IERE) and the Value Added Tax (VAT). This deadline, set for September 15, 2023, gives rise to numerous discussions and questions within the country.
The IERE, implemented in 2019, is a tax intended to finance the country’s reconstruction and equipment efforts. It concerns businesses and liberal professions operating in the DRC. As for VAT, it is an indirect tax levied on the added value of goods and services sold.
For many taxpayers, this reminder raises concerns about their ability to meet these payment deadlines. Indeed, the economic crisis currently hitting the country is making the financial situation of many companies difficult. This deadline could therefore worsen their situation and jeopardize their activity.
Furthermore, voices are being raised to denounce the lack of transparency and efficiency in the management of these taxes. Some taxpayers believe that the funds collected are not used adequately to finance the country’s reconstruction and development projects.
Faced with these concerns, the DGI stressed the need for taxpayers to comply with tax obligations in order to ensure the operation of public services and the financing of development projects. She also recalled the possibility of setting up staggered payment plans for those who encounter financial difficulties.
It is therefore crucial for businesses and taxpayers to take these payment deadlines into account and organize themselves accordingly. Implementing rigorous financial management and finding alternative solutions can make it possible to meet these tax obligations despite current economic difficulties.
In conclusion, the reminder of the payment deadline for IERE and VAT in the DRC gives rise to debates and concerns about the impact on taxpayers and the country’s economy. It is important for everyone to take these tax obligations into account while seeking appropriate solutions to deal with this complex situation.