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You are now entitled to better reward if you report tax evasion
๐Ÿ‡ท๐Ÿ‡ผ Rwanda /Economy & Trade

You are now entitled to better reward if you report tax evasion

From The New Times · () English

Summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Rwanda has updated its policy to offer increased rewards for individuals reporting tax evasion.
  • Whistleblowers will now receive a reward equivalent to five percent of the principal tax recovered by the government.
  • This new ministerial order aims to incentivize citizens to help the government combat tax fraud.

Rwanda has enhanced its incentive program for citizens who report tax evasion, offering a more substantial reward for their cooperation. Under a new ministerial order, individuals who provide information leading to the recovery of unpaid taxes will now be entitled to a reward equivalent to five percent of the principal tax amount collected by the government.

This updated policy aims to bolster the government's efforts in combating tax fraud and ensuring greater compliance within the tax system. By increasing the financial incentive, Rwanda seeks to encourage more citizens to come forward with information about tax evasion activities.

The five percent reward applies to the principal tax recovered, meaning the incentive is directly tied to the success of the reported information in leading to actual tax collection. This measure is expected to serve as a significant deterrent against tax evasion and a strong motivator for whistleblowers.

DistantNews Editorial

Originally published by The New Times. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.