/TAX ADMINISTRATION JAMAICA

TAX ADMINISTRATION JAMAICA

Fayval Williams, Minister without Portfolio in the Ministry of Finance and the Public Service, says for the fiscal year 2017/2018, Tax Administration Jamaica (TAJ) performed above expectations, topping their forecast.

For the period, the TAJ collected $307 billion, surpassing estimates by $9.2 billion or 3.2 per cent. In the fiscal year, 2016/2017, tax revenues were $284 billion, coming from $264 billion in 2015/2016.

Mrs. Williams said tax collection continues to see tremendous improvements as a result of the TAJ’s actions to encourage compliance.

She was speaking at a TAJ-hosted Transfer Pricing Agreement Seminar, held at the Hibiscus Lodge Hotel in Ocho Rios, St. Ann on Thursday.

By |2018-09-10T20:11:33+00:00September 10th, 2018|news|0 Comments

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