"#GST isn't new #tax—it is a #Modernization of #Somaliland's existing #TaxSystem." Ahead of the Aug 1 rollout, @slmofd explains the #LegalReforms, reduced 2.5% implementation rate, #DigitalCollectionSystem & why the final consumer—not businesses—bears the tax.
Somaliland Says GST Is a Modernization of Existing Tax System, Not a New Levy
Somaliland's Ministry of Finance says the Goods and Services Tax (GST) taking effect on August 1 is not a new tax but a modernization of the country's existing tax system. Officials explain how the revised framework will work and why the final consumer bears the tax
saxafimedia.com
July 15, 2026 at 8:40 PM
"#GST isn't new #tax—it is a #Modernization of #Somaliland's existing #TaxSystem." Ahead of the Aug 1 rollout, @slmofd explains the #LegalReforms, reduced 2.5% implementation rate, #DigitalCollectionSystem & why the final consumer—not businesses—bears the tax.