A memorandum of understanding has been signed giving the Fiji Revenue and Customs Authority (FRCA) access to the bus e-ticketing database.
The deal was signed with e-ticketing service providers Foneolgy and Vodafone.
Fiji Revenue and Customs Authority chief executive, Jitoko Tikolevu, said the authority would access the database to extract details of daily sales of bus companies.
“The extraction of the information will be on a case by case basis,” he said.
“FRCA will need to formally request and provide details of what information it is seeking.
“For example, if we feel the need to ascertain the financial status of a bus company, we will use this as one of the means to acquire and verify the information.
Vodafone working in partnership with Foneology will then provide the information.
Mr Tikolevu said this memorandum of understanding would strengthen the authority’s compliance process.
Formalising process
Vodafone Fiji director finance, Divik Deo, said: “FRCA is by law authorised to seek information on financial affairs of any business in Fiji.
“The MOU between Vodafone and Foneology is formalising the process of seeking and supplying the information on e-ticketing transactions as required by FRCA.
“The handling of bus transactions through the Vodafone and Foneology e-ticketing systems means the authority has first hand data on passenger loading transactions on the bus which could assist FRCA in their tax compliance process.”
Fiji Revenue and Customs Authority chief executive, Jitoko Tikolevu, shakes hands with Foneology director, James Trustler, on his right and Vodafone Fiji director finance, Divik Deo, after the memorandum of understanding signing the past week. Photo: FIJI REVENUE AND CUSTOMS AUTHORITY