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Chamber of Commerce approves of new Integrated Revenue Information System

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Posted: Wednesday, September 29, 2021. 10:22 pm CST.

By Aaron Humes: Belize’s business community is supporting the launch of the Integrated Revenue Information System, known as IRIS.

The Belize Chamber of Commerce and Industry (BCCI) has congratulated the Tax Service Department and the Government for further simplifying doing business by facilitating tax-related services online. IRIS is to be integrated with similar systems in the Customs Department and other revenue-collecting agencies.

The Chamber says this progresses Belize toward an infrastructure of e-governance, and promotes ideas of similar initiatives that should be implemented in other Government sectors to provide for greater efficiency, predictability, and reliability in government and the services it provides the Belizean people.

“The BCCI firmly believes that similar initiatives in other sectors of government can provide This development is significant in terms of its potential impact on the economy and as always, the BCCI remains ready to collaborate and partner with the government in tax reform and digitization measures that lead to greater benefits for the Belizean public and the country’s private sector,” it concludes in a statement.

However, the greater problem of hundreds of millions in uncollected tax revenue, much of it statute-barred, remains, as well as identifying and punishing tax cheats.

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