Gov't urged to go full force over current taxes

Sun, Sep 4th 2011, 11:00 PM

By NEIL HARTNELL

Tribune Business Editor

The Government has been urged to "pursue" all taxes due to it under the existing system rather implement new ones to combat its fiscal woes, a leading accountant calling on it to "go full force" in plugging all loopholes.

Raymond Winder, managing partner at Deloitte & Touche (Bahamas) and the Bahamas' leading negotiator over its accession to full World Trade Organisation (WTO) membership, told Tribune Business that the private sector's general weakness meant it could not absorb new or increased taxes at this time.

Noting that the 'increase revenue' message coming from the likes of the International Monetary Fund (IMF) a ...

Click here to read more at The Tribune

 Sponsored Ads