These incentives are effective only from March 22, 2024, to June 22, 2024, and are available to individuals, companies, and organizations, after providing all necessary information regarding the undeclared taxes.According to Rwanda Revenue Authority Commissioner General Pascal Bizimana Ruganintwali, this decision was taken as part of various tax reforms aimed at enhancing tax compliance and bringing human face to taxation.
Since Rwanda signed agreements with other countries regarding sharing information in taxation, RRA has been benefiting from the exchange of information on request with international tax jurisdictions. Also involved are taxpayers who have submitted their declarations but need to revise submitted tax returns to increase the tax amount.
The Minister of Finance and Economic Planning officially announced that taxpayers who want to disclose must apply from March 22, 2024, to June 22, 2024. This means that after this period has elapsed, there will be no more incentives. RRA will use the information available and its powers to recover all the taxes from taxpayers who did not seize the given opportunity.
A taxpayer who discloses and pays 50 % of the total amount of tax disclosed in the first month of opening of the voluntary disclosure, is eligible for a five instalments payment plan for the remaining amount of tax not paid.