Tag Archives: businesses defaulting on payment of rates and taxes

Local authority tax compliance should be mandatory for business transactions – City Mayor

City Mayor Ubraj Narine.

Jan 10, 2021  – Kaieteur News – City Mayor, Ubraj Narine, has proposed making local authority tax compliance for business transactions as part of efforts to curtail the issue with businesses defaulting on payment of rates and taxes.

During a press briefing at City Hall on Friday, Narine explained that the proposal is to help give the various Councils some sort of authority and leverage to collect their dues. He noted that the problem with rates and tax collection is a universal one in the various local authority districts. The issue has resulted in the municipality losing billions in revenue.    Continue reading