Afghanistan Revises Company Bank Account Blocking Policy Over Tax Debt
The Economic Deputy Office of the Presidential Palace has announced a new decision regarding the blocking of bank accounts belonging to companies with outstanding tax debts. From now on, the bank accounts of companies owing taxes will not be fully frozen.
This decision was made during a meeting held at the Marble Palace. According to the office, the goal of this change is to prevent disruption in commercial activities and ensure the normal flow of the economy.
The released statement explains that, instead of requesting the full closure of companies’ bank accounts, the Ministry of Finance will send only information on the remaining tax amount to Da Afghanistan Bank.
Under this mechanism, Da Afghanistan Bank will freeze only the specified amount of tax debt in the relevant account, allowing companies to continue their other financial and commercial activities without interruption. This move comes amid widespread criticism from residents and economic actors regarding the Taliban administration’s financial policies, which have been questioned for their transparency and impact on the business environment.
