The Powers of the Commissioner in Tax Matters

In this seminar, we will be focusing on the powers assigned to the Commissioner for Revenue under the VAT and Income Tax Acts.

Whereas taxpayers are required to file periodical declarations of their transactions on the basis of a self-assessment, the Commissioner has a duty to ensure that the filed declarations are true and correct. For this purpose, both revenue acts have allocated extensive powers to the Commissioner necessary to enable him to investigate taxpayers where he has reason to believe that the tax was being evaded or avoided.

Taxpayers should therefore make it a point to become aware of these powers and the consequences that may arise pursuant to tax investigations in a way that they stay vigilant and ensure that they are fully compliant.