We provide a wealth of publications by PwC Rwanda providing informed commentary on current developments in the tax arena, both locally and internationally.
Through analysis and comment on new law and judicial decisions of interest, they assist business executives to identify developments and trends in tax law and revenue practice that might impact their business.
On 30 January 2023, the Commissioner General issued a sanctions regulation applicable to reporting persons under the supervision of the Rwanda Revenue Authority (RRA) when the reporting persons represent or assist their clients in matters related to taxes or duties.
The sanction are set to help strengthen the law nº 75/2019 of 29/01/2020 on Prevention and Punishment of Money Laundering, Financing of Terrorism and Financing of Proliferation of Weapons of Mass Destruction, which gives supervisory authorities powers to determine administrative sanctions against any reporting person who does not fulfil his or her responsibilities as provided by the Law and to adhere to the OECD requirements.
Are you familiar with the sanctions and the reporting persons in relation to the sanctions? Find out here.
Tax advisors under the Rwanda Revenue Authority to be subject to sanctions for noncompliance with AML/CFT Laws.