Paying taxes is one of the fundamental principles of any country in the world, it is considered a duty of every conscientious, grown citizen. And while in some countries, citizens are aware that paying taxes benefits them, in others, they don’t. Why Efficient Tax Collecting Matters Having an efficient tax […]
One of the main reasons why TaxCore is such a good platform is the transparency it offers to tax authorities. We digitized tax collecting in a way that both taxpayers, tax authorities, and consumers are all satisfied. To us, it was important that a customer doesn’t get confused by the […]
Only two months ago, it seemed as if the world economy was well recovering from the 2007 financial crisis. Companies were flourishing, the living standard in a lot of developing countries was getting higher, and consumerism was at a rising point. Absolutely no one expected a mere virus could put […]
The Samoan web-based monitoring tool T.I.M.S. (Tax Invoice Monitoring System) is currently in its production phase. The new system is a successful project between Data Tech International and the Government of Samoa to ensure a smooth and transparent tax collection platform. The biggest benefit of the system, however, is its […]
According to the official data from the European Commission, the EU lost approximately 137.5 billion Euros only in 2019 due to Value Added Tax (VAT) gap. The analytics believe there are many reasons for this – one of the most popular being the differences in tax compliance between the member […]
