The Barbados Revenue Authority (BRA) is cracking down on property owners who owe Government millions of dollars in land tax.
From November, the state entity will start selling, via public auction, 69 properties that collectively have about $15 million in land tax payments outstanding. The figure includes penalties and interest.
BRA director of shared services, Wayne Forde, on Tuesday said that the revenue agency was taking the action as “a last resort” after it “exhausted all efforts” to recoup arrears due from several “chronic defaulters”.
The BRA announced the property auctions, which are due to conclude in March next year, in a series of sale notices published today. (SC)
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