ECONOMY

Most taxpayers now pay their dues in time

Most taxpayers now pay their dues in time

Electronic payment methods and real-time monitoring of expenses and revenue streams have made individuals and corporations more likely to pay their dues in time, data from the Independent Authority for Public Revenue show.

Another factor is that only those that pay on time can receive tax reimbursements without inspection. About 91% of corporate tax, 81% of VAT and 77% of property tax are paid on time.

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