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Revenue And Customs, Investment Fiji in Tax and Customs Training

Revenue And Customs, Investment Fiji in Tax and Customs Training
September 12
13:27 2017

The Fiji Revenue and Customs Service (FRCS) conducted a day long training with the Investment Fiji officers last week.

The training focused on taxation and customs policy.

Investment Fiji chief executive, Godo Mueller-Teut said capacity building of investment and trade advisors is an important and a progressive step for the organisation.

This training, he said was a perfect platform for Investment Fiji officers to be aware of changes in the taxation policies.

“The Fijian Government makes relevant changes in the tax regime to attract investments and trade in the country.

“As an organisation whose purpose is to bring in wealth for the nation, we firmly believe our officers must be aware of such changes,” Mr Mueller-Teut said.

The chief executive further added that such training opportunities will enhance Investment Fiji’s service delivery.

“Since we are the first point of contact for the investors, it is equally important that our officers are well versed with the taxation laws.

“This will in turn enable our officers to provide sound investment and trade advice to our clients,” he said.

FRCS chief executive officer Visvanath Das said such training opportunities with organisations like Investment Fiji is important.

“It’s very critical that we work with organisations like Investment Fiji to ensure that investors are given information on issues such as duty and tax concessions.

“It is also important to advice the investors on the significant reforms to the Fijian tax regime.

“Our tax policies are more investor friendly,” Mr Das said.

Through such initiatives, the FRCS also hopes to raise awareness on tax reforms to enhance compliance by investors and businesses.

This session was conducted by FRCS Director Corporate Service, Fazrul Rahman.

“The tax laws now give a lot of rights to taxpayers. For example, investors now have the right to object to any decision by FRCS regarding their investment,” Mr Das said.

The FRCS acknowledged Investment Fiji’s efforts in upskilling its officers on taxation laws.

 

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