EZULWINI: Neal Rijikernberg, the Minister of Finance, has urged companies and individuals to be fully tax compliant to avoid delays when doing international bank transactions.
The Finance Minister was speaking on Monday morning at the Eswatini Revenue Service (ERS) Headquarters -Ezulwini and this was during the Income Tax Compliance Certificate Regulations, 2022 Briefing.
“The TCC Regulations are deliberately designed as a shared enforcement framework. Financial institutions must require a valid Tax Compliance Certificate before processing international transfer of funds. Procuring entities in the public and private sector must insist on compliance before awarding qualifying contracts or issuing purchase orders. Licensing and registration authorities must verify compliance before completing designated transactions,” said the Finance Minister.
Finance Minister Neal Rijikernberg (pic:ERS).