A memorandum of cooperation was signed between SARAS and the Revenue Service to optimize tax administration

A memorandum of cooperation was signed between SARAS and the Revenue Service.

The memorandum aims at providing the Revenue Service with the information which will help tax administration body to fully exercise its rights and responsibilities imposed by the tax legislation. Based on SARAS provided information, the Revenue Service will develop criteria for identifying risks for optimization of tax administration system and create a unified database to manage such risks.