People will be willing to pay tax, when they trust the government. Therefore, we should create an independent TREASURY DEPARTMENT, which works with the future GOLAHA GUURTIDA (House of elders).
Please click this link if you want to see the responsibility & requirements of the future Golaha Guurtida (House of elders): https://www.somalilandfirst.com/reforming-somaliland/house-of-elders/
The basic functions of the Treasury Department are:
- Collecting taxes for the Central government and the local governments.
- Managing Governments accounts and the public debt.
- Managing governments finances.
- Enforcing tax laws, and
- Investigating and prosecuting tax evaders.
Tax rates should be reasonable, and modern tax collection system should be utilized. The law regulates this agency should be created and passed by both houses.
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