June 2, 2022
Acting director of the Department of Inland Revenue Shunda Strachan.
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Tax authority chief labels $875m arrears 'alarming'
The Government's top tax collector yesterday branded the $875m in combined outstanding VAT, real property tax and Business Licence arrears as "alarming" even though this sum has been slashed from the previous $1bn.
Businesses are warned: Stop ‘lying’ on turnover
The Government’s tax collection chief yesterday voiced scepticism that fewer than 20 percent of businesses meet the VAT registration threshold, and demanded the private sector “be truthful”.
Revenue chief: ‘No choice’ in pursuing $800m arrears
The Government’s top revenue official has admitted that the failure of successive administrations to enforce compliance with the law has resulted in the $800m “astronomical arrears” over real property tax.
VAT boost from $2bn real estate purchases
More than $2bn in real estate sales were brought forward for stamping and the payment of taxes during the first 11 months of the 2021-2022 fiscal year, it has been revealed.
Department of Inland Revenue '$100m over revenue target'
THE acting director of the Department of Inland Revenue (DIR) said the agency is $100m over its revenue target for the current fiscal year.
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