Tax Control System
Tax Control System (TCS) provides a transaction-based revenue collection solution that improves the collection of turnover taxes from small and medium businesses.TCS is designed to create a networked invoice administration framework that connects the business invoicing system to the revenue authority’s system in real-time. By collecting a validated taxpayer’s sales and purchase information via the dedicated network, the revenue authority can precisely compute the turnover taxes of the taxpayer.TCS provides comprehensive set of advanced tools designed to help taxpayers streamline the process of computing taxes and filing returns. It provides the following key features: