Soon, all banks in Togo will adopt online payment of taxes

Finance
Thursday, 05 December 2019 17:35
Soon, all banks in Togo will adopt online payment of taxes

(Togo First) - All banks operating in Togo should soon each have their tax and customs e-payment platforms. It was disclosed by the Togolese Revenue Office (OTR) on December 4, 2019, after a meeting gathering all heads of the lenders.

Through the move, the OTR and its partners will ease the online payment of taxes by medium and large companies. 

Let's recall that the reform has already been implemented at Ecobank Togo (during its pilot stage), Union Togolaise de Banque (UTB), and Banque Togolaise pour le Commerce et l'Industrie (BTCI). 

It is part of a battery of initiatives aimed at improving Togo's "Paying Taxes" indicator on the Doing Business report. Another example of these is tax payment via mobile money, which was recently validated by the OTR.

Séna Akoda

togofirst mobile

 
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