Web bosses told: Pay what you owe

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May 08, 2019

 

FINANCE Minister K Peter Turnquest yesterday urged web shop operators to pay their taxes out of an obligation to the government regardless of beliefs or legal arguments they intend to mount.
As a result of some operators failing to pay the taxes, Mr Turnquest said the government is about $5m down from its projections. “There has been some delay in collections,” Mr Turnquest said yesterday in response to questions from the media outside Cabinet. We continue to work with the gaming industry to have them accept [and] agree that the negotiated position arrived at is fair to all concerned and that they ought to now meet their commitment...

FINANCE Minister K Peter Turnquest yesterday urged web shop operators to pay their taxes out of an obligation to the government regardless of beliefs or legal arguments they intend to mount.

As a result of some operators failing to pay the taxes, Mr Turnquest said the government is about $5m down from its projections. “There has been some delay in collections,” Mr Turnquest said yesterday in response to questions from the media outside Cabinet. We continue to work with the gaming industry to have them accept [and] agree that the negotiated position arrived at is fair to all concerned and that they ought to now meet their commitment...

 

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News date : 05/08/2019    Category : Business, Finance, Tribune Stories

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