The Ministry of Finance in Fiji is stepping up its measures against financial crime, enhancing border controls, and combating tax evasion as part of a comprehensive strategy to protect the nation’s economy. Finance Minister Esrom Immanuel announced that the newly established Tax Crimes Taskforce will play a pivotal role in these efforts, operating within a solid policy framework designed to improve enforcement and compliance.
Minister Immanuel noted that the Taskforce’s main objectives include enhancing surveillance and monitoring of financial crimes, tightening cross-border checks, and boosting the resources and capacity of the Fiji Revenue and Customs Service (FRCS). By tackling tax evasion directly, the initiative aims to ensure that everyone contributes fairly to the economy, thereby reinforcing public trust in the tax system.
This Taskforce will comprise experienced professionals drawn from enforcement, regulatory, and intelligence sectors to foster a coordinated and effective approach. Immanuel emphasized the importance of collaboration among various government agencies to improve information sharing and support successful prosecutions. He stated, “Together we can build a stronger, safer, and more resilient Fiji.”
The Permanent Secretary for Justice, Selina Kuruleca, highlighted that safeguarding Fiji’s borders is crucial for national security and the overall well-being of its citizens. She remarked, “The days of working in silence are over,” underscoring the urgency of this initiative, especially in the context of increasing tax-related offenses that threaten revenue collection and public confidence.
Furthermore, this effort aligns with previous strategies aimed at enhancing tax compliance, as seen in the formation of other taskforces specifically focused on tax evasion and avoidance. The introduction of structured frameworks indicates a long-term commitment to maintaining a robust economic environment, bolstered by cooperation across sectors, including law enforcement and regulatory bodies.
The Ministry of Finance’s dedication to transparency and accountability in financial matters not only seeks to deter financial misconduct but also aims to restore trust among the public regarding the integrity of Fiji’s economic systems. By implementing these proactive measures, Fiji is taking significant strides toward creating a more equitable and transparent taxation environment that benefits all citizens and fosters national development.
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