Guyana Revenue Authority (GRA)

Fiscal Incentives for the last five years to be published in Official Gazette – Tax Chief

by

In keeping with the laws of Guyana, the Guyana Revenue Authority (GRA) will, next week, publish fiscal incentives it has granted from 2012 to 2016. According to GRA’s Commissioner General, Godfrey Statia, this is an anomaly that has been unaddressed for too long.Statia noted that according to Section 37 of the Investment Act, Government should … Read more

All concessions must be published – Minister of Governance

by

The administration is adamant about bringing a fresh approach to every tier of governance. In this vein, Minster of Governance, Raphael Trotman, issued a stern call to the country’s auditor General, Deodat Sharma, to respect the laws of the country. The Auditor General must also ensure that all concessions as stipulated in the law are … Read more

Publish concessions granted to foreign companies in the media – Presidential Advisor

by

By: Kiana Wilburg In the season of transparency and accountability under the coalition government, Presidential Advisor on Sustainability, Dr. Clive Thomas believes that concessions granted during the year should not only be tabled in the National Assembly as the law stipulates, but also published in the newspaper.In fact, the Economist feels so strongly about this … Read more

Sanata complex deal…Tax holidays not yet granted by GRA

by

Law contains deficiencies, inaccuracies, not exhaustive enough – Finance Ministry Government says that the legislation regarding tax holidays and concessions contain a number of obvious deficiencies and various inaccuracies and omissions. This is according to a release from the Ministry of Finance which sought to clarify the recent controversy surrounding the tax holidays and tax … Read more