BARBADOS NEEDS A revenue court to deal with tax dodgers and disputes, a special Social Partnership committee recommended in a pre-Budget report to the Government.
While not dismissing the importance of tax amnesties, the committee said that in order to supplement such amnesties and improve tax collections “Government should immediately establish a revenue court and evolve it to a full commercial court”.
This was one of the recommendations Minister of Finance Chris Sinckler did not implement in his May 30 Financial Statement and Budgetary Proposals.
In its April 12 report, the committee called for the immediate establishment of a “self-funding revenue court” to complement Barbados Revenue Authority reforms. It could be funded by penalties from tax arrears and charges on commercial cases, the report suggested. (SC)
Please read the full story in today’s Midweek Nation, or in the eNATION edition.
