DistantNews
Support us
๐Ÿ‡ซ๐Ÿ‡ฏ Fiji /Economy & Trade

Fiji Revenue and Customs Service Steps Up Tax Evasion Efforts

From FBC News · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Fiji Revenue and Customs Service is enhancing efforts to combat tax evasion using data and technology.
  • The agency collected $3.485 billion in net revenue, exceeding its forecast by $185.6 million.
  • New strategies have identified about $45 million in additional tax liabilities, with $30 million collected.

The Fiji Revenue and Customs Service (FRCS) is intensifying its fight against tax evasion by employing data, technology, and intelligence-led systems. Chief Executive Udit Singh stated that the organization is moving beyond traditional methods to better detect non-compliant taxpayers.

During the presentation of the 2024โ€“2025 Annual Report, Singh highlighted the FRCS's success in collecting $3.485 billion in net revenue, surpassing its forecast by $185.6 million. This strong performance was attributed to increased voluntary compliance, targeted enforcement actions, and a general rise in economic activity.

During the year, the tax amnesty programme enabled nearly 40,000 outstanding returns to be lodged and brought a significant number of taxpayers back into the compliance system.

โ€” Udit SinghDiscussing the success of the tax amnesty program.

A significant achievement was the tax amnesty program, which facilitated the lodging of nearly 40,000 outstanding returns, reintegrating a substantial number of taxpayers into the compliance system. Singh noted that the compliance improvement strategy has already pinpointed approximately $45 million in additional tax liabilities, with about $30 million already collected.

Looking ahead, the FRCS plans to implement stricter measures against individuals and entities capable of paying taxes but evading them. The service will also maintain close monitoring of suspicious refunds and unexplained wealth to ensure revenue integrity.

So, we are increasingly using data analytics, third-party information, taxpayer segmentation and intelligence to better identify areas of revenue risk. We also recognise areas where further improvement is required.

โ€” Udit SinghExplaining the FRCS's strategy for identifying tax evasion.
DistantNews Editorial

Originally published by FBC News in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.