Cape Verdean taxpayers owe US$25 million to treasury

10 June 2009

Praia, Cape Verde, 10 June – Cape Verde’s General Directorate for Tax and Contributions (DGCI) calculates that taxpayers owe it 2 billion Cape Verdean escudos (US$25 million), and has announced measures to put an end to tax evasion, Cape Verdean news agency Inforpress reported.

Emanuel Moreira, the director-general of the DGCI said that there were currently hundreds of public and private institutions that were not paying taxes and added that the fall in tax collection was not due to the crisis but rather to taxpayers not meeting their obligations.

In order to combat tax evasion, the DGCI this year began surveying work particularly of larger tax areas, such as Praia, São Vicente, Sal and Boa Vista and is seeking to raise awareness an notify taxpayers with a view to negotiation, right up to the enforcement stage of seizure of assets, both in bank accounts and the company’s tangible assets, Moreira said.

The DGCI, he added, had also handed over hundreds of processes to the Tax Courts of companies and individuals that owe taxes and these now appeared on a blacklist of debtors.

“It is clear that we have non-compliant companies because of the financial situation, but most don’t comply with their tax obligations and are evading tax,” said Moreira.

The DGCI recently launched a campaign entitled “Eu Cumpro” (I meet my obligations) that aims to raise awareness of Cape Verdean tax legislation and improve the relationship between both sides. (macauhub)