(KPL) The Department of Tax has launched a system that ensures land tax payment isbank-based, safe, and fast.
To improve tax payment mechanism and method for convenience, verifiability and ensure the integration of tax revenue information system, the Department of Tax in cooperation with a local IT company andBanque Pour Le Commerce Exterieur Lao (BCEL) has conducted a research on bank-based payment of land taxes using smart phone app. Now, land owners can pay their land taxes using mobile banking application, BCEL One, or services provided by commercial banks, said Mr Phouthanouphet Xaysomboun, Head of the Department of Tax, Ministry of Finance.
The seven commercial banks that provide bank-based tax payment services include Lao Development Bank, Banque Pour Le Commerce Exterieur Lao, Agricultural Promotion Bank, Lao-Viet Bank, Joint Development Bank, BIC Bank and Lao-China Bank.
Source: Lao News Agency