Tax Revenue Suite

About

Tax Revenue Suite (TRS) is a collection of products that integrate with the existing infrastructure and core information system of tax administration. These products are designed to boost the tax revenues of the state.

These products can be implemented as a whole or as individual components, depending on the strategy and the level of digitalization of the tax administration.

Value of TRS

>150%

Increase in tax revenue from various directand indirect taxes
>700%

Increase in excise tax collection
Millions

Facilitation of the legalization of informally employed people in the country

The development of TRS solutions is based on the following main principles:

Development and implementation of a digital strategy
Creating an effective data management system

Products

TRS for B2B

Focused on economic operations within the business-to-business segment, primarily dealing with wholesale transactions. It prevents VAT and other indirect tax optimization
TRS for B2C

Concentrated on economic operations within the business- to-consumer segment, typically involving retail transactions. It ensures comprehensive revenue accounting and the payment  of VAT or other taxes, including those applicable to micro
TRS for C2C

Targeted at entrepreneurial activities or additional income sources for citizens and migrants within the country. It supports legalization and provides social guarantees, reducing the scale of informal employment and the shadow economy sector

TRS

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