January 2nd, 2013
It was recently announced that businesspeople with outstanding tax liabilities may now be hampered from travelling overseas. According to the Tax Administration of Jamaica (TAJ), the organization has a tax compliance programme that is currently underway, and the “TAJ intends to issue stop orders on delinquent taxpayers who have undisputed liabilities and have been contacted but remain delinquent.”
According to a release from TAJ, the organization believes that this move “will prevent such persons from leaving the island until the outstanding matters have been cleared or suitable written arrangements have been made to settle them.”
“We are looking for persons whom a travel restriction would affect, such as a business person who travel a lot because the business depends on them travelling. The basic thing we look at to identify the persons is their travel pattern,” Merris Haughton, director of communications at the TAJ told the Financial Gleaner recently.
So, what do think of this move by the Tax Administration of Jamaica (TAJ)? Do you agree or disagree with it? It’s time again to have your say…