Togo’s tax office collected more than XOF624 billion last year

Public finance
Friday, 31 January 2020 14:53
Togo’s tax office collected more than XOF624 billion last year

(Togo First) - In 2019, Togo’s tax office (OTR) collected more than XOF624 billion in revenues, thus 93% of the XOF669 billion it had expected for the year. 

However, according to Philippe Kokou Tchodié, who heads the OTR, the monies collected are 11%-12% up compared to the amount it recorded the year before. 

Over the first half of 2019, Togo had mobilized XOF326 billion in tax earnings - almost half of the amount  (48%) it collected throughout the year.

The good performance was driven by various reforms, new taxes, and the reinforcement of human resource capacities, in line with the State’s objectives in regard to tax collection. Indeed, the country eyes a tax revenue of XOF678.4 billion, XOF723.3 billion, and 773.5 billion in 2020, 2021, and 2022 respectively. 

Séna Akoda

togofirst mobile

 
Sondage
Should we encourage young togolese toward agriculture?
  • 57 Votes
    Yes
    55.88%
  • 25 Votes
    No
    24.51%
  • 20 Votes
    Don't have opinion
    19.61%
← Back
Total 102 Votes

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.