欧美精品在线第一页,久久av影院,午夜视频在线播放一三,久久91精品久久久久久秒播,成人一区三区,久久综合狠狠综合久久狠狠色综合,成人av一区二区亚洲精,欧美a级在线观看

China aids Uganda in tax system reforms in efforts to fast track economic growth

Source: Xinhua| 2019-04-17 22:53:15|Editor: Mu Xuequan
Video PlayerClose

by Ronald Ssekandi

KAMPALA, April 17 (Xinhua) -- In Uganda, China is among others financing the transformation of the African country's customs department, a key factor that the World Bank says is critical in financing the country's economic development in the face of dwindling donor support.

The World Bank said in its 2018 Uganda Economic Update that tax collections currently account for 14 percent of the country's gross domestic product (GDP), lower than regional peers, and short of the government's target of 16 percent.

Informality, tax exemptions, and inefficiencies in revenue collection deny the country up to 40 percent of revenue, according to the report.

CHINA'S ASSISTANCE

China is Uganda's major trading partner with imports from the Asian country amounting to 24 percent of the total imports to Uganda, according to Uganda Revenue Authority (URA), the government tax body.

Uganda also ranks third in Africa as the destination of China's Foreign Direct Investments, according to China's ministry of commerce.

All this calls for an efficient tax system that will further facilitate the trade and investment between the two countries.

In June last year, Uganda got assistance from China to modernize the customs department.

According to Uganda's finance ministry, China would provide non-intrusive scanners, modernized customs risk management, supervision and communication system, capacity building, customs service and enforcement support, among others.

Dicksons Kateshumbwa, Commissioner Customs at URA, told Xinhua in an interview on Wednesday that Uganda is already reaping benefits out of this cooperation.

Kateshumbwa said URA sends some of its officers to China for further training, especially in new areas of technology. Chinese customs officials also come to Uganda and share their expertise with their Ugandan counterparts.

"We have had increased capacity building for our staff but also we have acquired some of the latest technology from China," he said, noting that seven new scanners from China will arrive at the Kenyan seaport of Mombasa this week destined for Uganda.

He said the scanners would be installed to supplement the existing ones at the country's critical borders.

The scanners will strengthen URA's capacity to detect any concealment, which would directly result into increased revenue and management of risks and security, according to the Commissioner.

URA and China's customs are piloting an electronic system where they will exchange the certificates of origin of goods instead of doing it manually.

"We are cooperating on integrating our certificates of origin. When you export goods, you have certificates of origin which confirm the origin status of goods for purposes of tax treatment," Kateshumbwa said, noting that the move would quickly facilitate trade and investment.

Uganda and China through the World Customs Organization (WCO), last year signed an agreement on mutual Authorized Economic Operator (AEO) status.

Kateshumbwa said the move aims at strengthening trade facilitation between the two countries.

Under the agreement, companies that obtain the AEO status in the two countries will enjoy simplified customs procedures, such as reduced examination or prioritized clearance, when they export products to the other country.

According to WCO, an AEO is an organization or company involved in the international movement of goods that has been certified by, or on behalf of, a national customs administration and complies with WCO or equivalent supply chain security standards.

To boost domestic tax revenue collection, URA has procured the services of Chinese firm Aisino Corporation to provide electronic tax solutions.

The Electronic Fiscal Receipting and Invoicing Solution, according to URA, seeks to mitigate tax administration shortfalls while promoting efficiency.

URA faces challenges in tax administration including poor record keeping, fabricated tax invoices and incomplete disclosure of business transactions.

"This is an initiative that is meant to strengthen our domestic taxes ability to detect the correct income that is declared," Kateshumbwa said, noting that the service will start next financial year 2019/20.

"The idea is that we want to increase our revenues because as a country we have moved a long way from donor reliance to more of getting our revenues. You cannot expect foreigners to give you money to develop your country," he added.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091379855491
主站蜘蛛池模板: 国产精品久久久久久亚洲美女高潮 | 久久一区二| 午夜爽爽爽男女免费观看| 色噜噜狠狠狠狠色综合久| 亚洲神马久久| 99国产精品久久久久| 国产欧美一区二区三区视频| 亚洲乱视频| 国产日产精品一区二区三区| 亚洲欧洲一二三区| 免费精品一区二区三区视频日产| 亚洲国产精品肉丝袜久久| 亚洲va国产2019| 欧美精品xxxxx| 91精品一区在线观看| 一级午夜影院| 欧美日韩一区二区三区免费| 99久久精品一区二区| 又色又爽又大免费区欧美| 久久伊人色综合| 国产激情二区| 国产精品v亚洲精品v日韩精品| 玖玖玖国产精品| 亚洲欧美日韩另类精品一区二区三区| 九九精品久久| 国产乱了高清露脸对白| 亚洲午夜久久久久久久久电影院| 国精偷拍一区二区三区| 欧美精品久| 亚洲精品无吗| 国产91一区二区在线观看| 一区二区在线精品| 国产一级片一区| 日日夜夜亚洲精品| 亚洲欧美国产一区二区三区| 日韩精品久久久久久久的张开腿让 | 欧美日韩亚洲三区| 亚洲乱视频| 99国产精品免费观看视频re| 丰满岳乱妇在线观看中字| 四虎国产精品久久| 欧美精品第一区| free性欧美hd另类丰满| 亚洲精品久久久久中文第一暮| 欧美老肥婆性猛交视频| 清纯唯美经典一区二区| 日本一二区视频| 国产欧美一区二区在线观看| 性生交片免费看片| 亚洲欧洲日本在线观看| 女人被爽到高潮呻吟免费看 | 国产精品久久久久久亚洲调教| 国产午夜亚洲精品午夜鲁丝片| 亚欧精品在线观看| 日韩av一区二区在线播放| 少妇高潮在线观看| 日韩偷拍精品| 狠狠色噜噜狠狠狠狠色吗综合| 欧美一区二区三区高清视频| 大桥未久黑人强制中出| 狠狠色噜噜狠狠狠狠2021天天| 素人av在线| 91久久精品国产亚洲a∨麻豆| 国产精品一级在线| 国内精品99| 国产欧美一区二区三区在线| 国产精品视频一二区| 4399午夜理伦免费播放大全 | 国产精品1区2区| 国产一区二区精品免费| 欧美精品一区二区三区视频| 特高潮videossexhd| xxxx国产一二三区xxxx| 99久久国产免费| 亚洲四区在线观看| 性刺激久久久久久久久九色| 亚洲福利视频一区二区| 国产精品乱码久久久久久久久| 伊人精品一区二区三区| 一区二区精品久久| 日韩av中文字幕一区二区| 精品福利一区二区|