The revenue collection target for the Gaza Provincial Delegation of the Tax Authority (AT) has been reduced by 28% following the impact of floods that affected the province and weakened local economic activity.
The announcement was made by AT President Aníbal Mbalango during a working meeting attended by business leaders, members of the Higher Tax Council (CST), and private sector representatives.
During the meeting, Mbalango explained how the institution’s revenue collection targets are established, noting that they are set according to the specific economic conditions of each province.
“In the case of Gaza, the adjustment became unavoidable due to the severe material and operational losses caused by the extreme weather events that struck the province,” he said.
The meeting also provided an opportunity for the private sector to present its main concerns and proposals for improving the business environment. Among the requests were greater flexibility in commercial procedures, stronger institutional communication, and a review of tax inspection and Value Added Tax (VAT) refund procedures.
Participants also called for stronger tax education initiatives under the country’s new tax reform, regarded as the most significant in the past two decades, with the aim of encouraging voluntary tax compliance.
On the occasion, Aníbal Mbalango described the business community as a strategic partner in mobilizing state revenue and called for closer cooperation to support the province’s economic development.
Regarding tax inspections, the AT president assured that all procedures must strictly comply with the law and respect citizens’ rights, with transparency remaining one of the authority’s guiding principles.
Source: Miramar News
