President Surangel Whipps Jr. said Wednesday, public servants should double their efforts in learning the new tax system and if not should quit if they fail to do their jobs.
“ So yes, it’s complicated… they should know how to do this work. If they don’t maybe they’re in the wrong job,” Whipps added.
He said as public servants they are duty bound to help the people.
“ Change is coming. It’s good for the people and as a public servant you need to understand the work and figure out how to help people.”
A new comprehensive tax system will take full effect on Jan. 1, 2023.
This is the first tax reform since the trust territory days of Palau.
The new law or the value-added tax regime, the Palau Goods and Services Tax will replace the Gross Revenue Tax that the nation has been using for more than 30 years.
President Whipps has said that an update of a new tax regime will meet the challenges of today’s economic realities.
The Ministry of Finance said it’s making a point of providing the needed information and education awareness on the new tax to be introduced in early 2023.
Finance Minister Kaleb Udui said that the ministry had gotten help from international institutions and experts to help them roll out the new system, from the Australian government to the Philippine government.
He said help has been provided in the tax office with computer programming and outreach program.
“So we are taking these steps to make sure that we will have a very strong tax office in the future. The outreach will be coming. There were some changes in the forms and that’s what people really want to see,” Udui said.