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TAJ to use new powers to demand info on suspected tax cheats in companies

Published: Thursday January 9, 2014 | 1:54 pm Comments 0

The Tax Administration Jamaica (TAJ) says it will shortly begin to use new powers to demand that major companies provide information on suspected tax cheats they may have employed.

Last year, the Parliament approved amendments to the Revenue Administration Act, empowering the TAJ with the authority to request information deemed useful from sectors of the economy.

The amendment was pursued because the TAJ was having a problem getting information to assess tax cheats.

The TAJís director of communication, Meris Haughton said the new powers bring the TAJ in line with practices of other advanced jurisdictions and will also help to increase tax compliance.

The TAJ says it is ramping up its public education campaigns ahead of the planned implementation of the mandatory filing of returns via the Internet in March.

Haughton says tax education teams are visiting business communities across the country to familiarise people with the system.

She also says the TAJ staff has been trained in preparation for the March implementation of the mandatory online filing.

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