News

Regional Tax heads attend 15th PITAA heads meeting

September 11, 2018 9:01 pm

Tax reforms are needed for ease of doing business says Fiji Revenue and Customs Service chief executive, Visvanath Das.

Das says tax reforms are mostly designed to meet one or more of several macro objectives.

He says these include promoting fiscal sustainability and macroeconomic stability, improving private sector investment climate, strengthening export competitiveness and transparency in public resource management.

Article continues after advertisement

Das says Fiji is viewed as a big brother in the Pacific, celebrating nine consecutive years of economic growth averaging three percent year on year.

According to Das this is being fueled by increased investment, broader tax regimes and strong demand due to Fiscal policy.

Das was speaking at the Pacific Islands Tax Administrators Association Heads meeting underway in Nadi.