In a move aimed at fostering greater tax compliance nationwide, Rwanda Revenue Authority (RRA) has introduced a unique opportunity for individuals, companies, and organizations to voluntarily disclose any outstanding tax liabilities predating the tax period of January to December 2022. This initiative is in accordance with the provisions outlined in Article 94 of Law n° 020/2023 of 31/03/2023 on tax procedures and Ministerial Order No. 001/24/03/TC of 08/03/2024 determining modalities and conditions for taxpayers to benefit from voluntary disclosure incentives.
Commencing from March 22nd, 2024, and extending until June 22nd, 2024, taxpayers are encouraged to seize this limited-time offer by disclosing any overdue taxes to the Commissioner General of RRA. The scope of this voluntary disclosure program encompasses all tax types except for customs duties.
Under this program, taxpayers who voluntarily come forward will benefit from an automatic waiver of penalties and interest associated with late payments. It is imperative for taxpayers to provide comprehensive and accurate information regarding any previously unpaid taxes during the disclosure process.
To facilitate the voluntary disclosure application process and ensure adherence to guidelines on payment, the Commissioner General will furnish detailed instructions to taxpayers.
Written by Fidele Ukwishaka
T: +250788876772
E: fidele.ukwishaka@ceaconsulting.rw
ukofido54@gmail.com