DAR ES SALAAAM, May 30 -- IN a country where tax evasion continues to challenge economic progress, the Tanzania Revenue Authority (TRA) is embracing new sophisticated technologies to enhance compliance and it is paying dividends.
The Electronic Tax Stamp (ETS) system is proving to be a formidable weapon against tax cheats who have long been defiant in tax compliance.
ETS, a digital system that tracks and verifies the authenticity of products and the taxes due on them, is helping to close the gaps that traditional enforcement methods failed to seal.
The ETS system was introduced in 2019 and initially met with resistance from some manufacturers and importers.
However, it has since gained momentum, with the TRA expanding its use across v...
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