Last update: 01-Aug-2014 6:50 am
Friday, August 01, 2014
Trinidad & Tobago Guardian Online
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OECS launches tax e-filing system
CASTRIES—A project aimed at improving the efficiencies of public services in the sub-region through the use of the regional Tax E-filing system will be launched by the Castries based Secretariat of the Organisation of Eastern Caribbean States (OECS) here today.
The developers of the new system will facilitate a five-day Inception Workshop for major stakeholders involved in tax administration including Permanent Secretaries, Tax Comptrollers and Information Technology staff.
The Project financed under the OECS Electronic Government for Regional Integration Project (EGRIP) seeks to promote the efficiency, quality, and transparency of public services in the nine OECS countries, through the delivery of regionally integrated e-government applications that take advantage of economies of scale.
Senior director at the Central Secretariat Randy Cato said the Front End Tax E-filing System has been designed to enable electronic registration, filing of declarations and returns and electronic payments of taxes.
“It will also support interfacing in principle, with any underlying core tax administration system and allowing for integration with the banking system for payments and refunds, including payments through a future regional payments gateway, hence the Front End Tax E-filing System Front End Tax E-filing System is also anticipated to help Member States boost investment and reduce expenditure,” he said.
The Governments of the Commonwealth of Dominica, Grenada, St Lucia and St. Vincent and the Grenadines have each received soft loan financing in an amount equivalent to US$2.4 Million, from the World Bank, for implementation of the OECS Electronic Government for Regional Integration Project (EGRIP).
The loans are provided under a special facility of the concessional lending arm of the World Bank, the International Development Association (IDA) Cato, senior director at the OECS Secretariat, Trevor Braithwaite, deputy Governor of the Eastern Caribbean Central Bank and St Lucia’s Minister for the Public Service, Sustainable Development, Energy, Science and Technology, Dr James Fletcher will address Monday’s opening ceremony.