• PNG Business News

The Internal Revenue Commission Unveils Work Plan for 2021



The Internal Revenue Commission (IRC) has unveiled its yearly work plan in Port Moresby.

According to IRC Commissioner Sam Koim, the plan which outlines seven key strategic pillars contains a vision to transform the organisation into a modern, robust, and efficient tax administration by 2025.

These seven key strategic pillars include data-driven, fostering voluntary compliance, making GST the number one revenue-earner, effective tax collection, digital transformation, building organisation agility, promoting integrity and preventing corruption.

Koim said that among the challenges last year included huge uncollected tax debts and high rates of non-compliance.

“Despite the challenges, we still managed to bring revenue on target,” he said. “We want to avoid projects that result in incremental progress or what I call repetitive fire-fighting solutions. However, we can change some things that can change everything. We want to rally the organisation around to drive change.”

PNG Business News

2nd Floor, Suite 6,

Corinthian Plaza Building,

Paseo De Roxas, Legaspi Village,

Makati, Philippines

Phone: +632 251 5599

Subscribe to Our Newsletter

  • White Facebook Icon

© PNG Business News