Tue | Aug 22, 2017

Manchester businessman arrested for tax fraud

Published:Thursday | November 17, 2016 | 11:48 PM

A Manchester businessman was yesterday arrested and charged for cheating the Public Revenue at Common Law.

Tax Administration Jamaica’s (TAJ) - Intelligence, Investigation and Enforcement Unit in conjunction with the Financial Investigation Division, as part of intensive tax enforcement activities in the parish of Manchester, on Wednesday arrested and charged Wen Jun Kong, Director of R&R Express Group Ltd.

The TAJ says Kong, who operates in  Mandeville, was arrested for cheating the Government out of millions of dollars in Taxes when his company R&R Express, failed to disclose to the Commissioner General – TAJ, untaxed profits between September 1, 2012 and December 31, 2014.

They say this action forms part of the sustained efforts by the TAJ to actively pursue delinquent taxpayers by utilising the various tax collection tools provided under the law.

The Financial Investigations Division is mandated to actively investigate serious financial crimes including breaches of the Proceeds of Crime Act and Financial Investigations Division Act.

TAJ says failure to report income, profits or gains as defined within the Income Tax Act, will result in enforcement action by TAJ using the applicable provisions under the law.

They say strong action will be taken against any company, business or individual found to be delinquent.

Information on the tax law and any other tax related matters can be obtained by contacting the TAJ Customer Care Centre at 1-888-TAX-HELP (1-888-829-4357) or the nearest Tax Office.