Concerns Over Backlash Against Tax Reform
August 27, 2025
The government is concerned about the backlash against the tax reform, with many stakeholders calling for the removal of controversial provisions. These changes include new powers for the Tax Commissioner and penalties for businesses that fail to issue invoices. There is also worry about the budget deficit that will arise from the reform. The Minister of Finance, however, is open to improvements in the legislations. The ministry is trying to ensure that there is no budget gap.