Tax reform

Our tax reform work in Tuvalu is supporting the government to implement tax reforms to support trade agreements. We are reviewing legislative amendments, introducing operational processes, conducting public consultation and reviewing organisation structures associated with improved the tax regime.
 
We facilitated the introduction of a package of tax and customs reform measures culminating in the introduction into Parliament of three draft laws. These changes will enable Tuvalu to meet its regional free trade agreement obligations, while at the same time providing alternative revenues through an updated tax system which includes the planned introduction of a VAT accompanied by income tax reductions. The package also includes the abolition of sales tax and the introduction of excise duties.