TAJ going after tax avoiders through third party leads
KINGSTON, Jamaica — The Tax Administration Jamaica (TAJ) says it will be broadening the tax base through the use of third party leads.
This, it said, will be done through its Intelligence, Investigation & Enforcement Unit (IIEU), which has identified a number of taxpayers who have transactions of various economic value and have not filed a tax return.
The IIEU will be carrying out enforcement activities geared towards capturing these people in the tax net, the TAJ said in a statement this afternoon.
Notices will also be served on these taxpayers to have returns filed within 15 days of the receipt of such notice, TAJ said.
The tax authority cautioned that those taxpayers who do not respond to the notices served will be prosecuted.
It is also reminding taxpayers in receipt of income, profits or gains as defined by the Income Tax Act and who have not filed a tax return for such income, profits or gains in accordance with the Income Tax Act, that such non-compliance is an offence and is liable for prosecution.