The Tax Authority considers that informal commerce generates tax crimes

Autoridade Tributária considera que comércio informal gera crimes fiscais

Despite being a basic foundation for subsistence and a source of income generation for families, informal commerce is also a factor of macro-economic destruction and fertile ground for the proliferation of unfair competition, stimulation of tax evasion and development of organized tax and economic crime networks.

These criminal networks contribute to the counterfeiting and smuggling of various products, embezzlement, tax evasion and tax avoidance in domestic operations and in the flows resulting from foreign trade.

To combat these situations, producers involved in farming, fishing, mining, forestry, forest exploiters, and informal traders are challenged to come together in association groups and create cooperatives.

According to the president of the Mozambique Tax Authority (AT), Amelia Muendane, quoted by the newspaper Notícias, this would be the way for them to develop their activity in a legal way, contributing to the generation of national wealth and the establishment of a sustainable economic structuring model.

Muendane was speaking recently in the city of Nampula, at the formal launching ceremony of the training cycle on modern cooperativism, in light of the national cooperative development program.

This is an initiative of the AT, in coordination with the Mozambican Association for the Promotion of Modern Cooperativism, and aims to boost an enveloping economic organization, in which the cooperative model is the basis for the transformation from the informal to the formal sector.

Amélia Muendane pointed out that there are, in the country, about 200 cooperatives in activity, of which 78 are based in Nampula province. Of these, 54 are concentrated in the agrarian sector.

A mapping study recently conducted by the Mozambique Tax Authority refers to the existence of 220 associations, in Nampula province, with a profile for the creation of legal entities under collective law, a situation that opens space for greater capitalization of opportunities that will arise from the transformation of these organizations into cooperatives.

Meanwhile, according to the president of the AT, the transformation of the organizations into legal entities under collective law will facilitate access to credit, tax benefits, training in business management techniques, including the opening of opportunities to access new markets and internationalization of their business, in close partnership with the Mozambique Tax Authority.

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