Mozambique Taxing Digital Economy

WEDNESDAY, 29 NOV 2023

Mozambique Taxing Digital Economy

Mozambique is set to implement a tax on the digital economy as part of efforts by the government at the centre to widen the tax net and boost tax revenue to shore up resources for the government to execute its core duties.

To ensure effective implementation, the Ministry of Economy and Finance has since established a unit for the Digital Economy Taxation Unit. This unit is now saddled with the responsibility of ensuring success with the proposed scheme. The digital economy has a lot to do with e-commerce, app stores, online advertising, online payment services, cloud computing, participative networked platforms and the likes.

Source: https://lnkd.in/dRSACKek