Online Fiscal Services

OFS

Making it easy for businesses to pay their taxes and access subsidies and incentives.

Money

Notes

Government

Why It Matters

The economic consequences of Covid-19 has increased pressure on governments to provide essential services and support to their citizens. Yet many tax systems are out-of-date, complicated to understand and difficult to comply with, meaning governments miss out on much-needed revenue, while they collect unreliable economic data.

Advantages

  • Businesses can manage their tax payments easily, accurately and promptly.
  • Governments increase tax revenues to provide for citizens’ needs, and can use reliable data to design policies that better support sustainable development.

Beneficiaries

Online fiscal services are available to any government and can be implemented within existing laws.