· Compliance & enforcement · Marlon Thompson
Taxpayers Prosecuted and Fined over $1M for Failure to Produce Books, Records and Documents
Tax Administration Jamaica (TAJ) through its Intelligence, Investigation and Enforcement Unit (IIEU) prosecuted St. James businessmen Kwun Sang Siu, (trading as Siu’ Supermarket) and Bradley Hylton in the St.
Tax Administration Jamaica (TAJ) through its Intelligence, Investigation and Enforcement Unit (IIEU) prosecuted St. James businessmen Kwun Sang Siu, (trading as Siu’ Supermarket) and Bradley Hylton in the St. James Parish Court, who were fined $300,000.00 and 500,000.00 respectively. Additionally, the operators of DAFA Wholesale and Retail Ltd. were also prosecuted and fined $250,000.00 in the St. Ann Parish Court. These delinquent
taxpayers were prosecuted during the period November 2018 to January 2019 under Section 17IA of the amended Revenue Administration Act (RAA), for failure to produce books, records and documents as requested.
The delinquent taxpayers failed to comply with several request by the Tax Authority for books, records and documents pursuant to Section 17IA of the RAA, which the taxpayers failed to comply with and as a consequence were prosecuted.
TAJ is reminding business persons that it is an offence not to keep proper books and records relating to their business activities. Additionally, failure to produce such books, records and documents within the time specified when requested by the Commissioner General of Tax Administration Jamaica for an audit/investigation is also a criminal offence. This will result in prosecution under Section 17IA of the amended RAA which carries a penalty of up to
$2,000,000.00 or imprisonment or both.
This action forms part of the sustained efforts by Tax Administration Jamaica to enforce the laws it administers, in order to improve trust and fairness within the system as well as to improve compliance.
Additionally, delinquent taxpayers are strongly advised, that failure to report income, profits or gains as defined within the Income Tax Act, will result in enforcement action by the Tax Authority utilizing the applicable provisions under the law.
Persons may obtain further information on the tax law and any other tax related matter by contacting the TAJ Customer Care Centre at 888-TAX-HELP (888-829-4357) or the nearest Tax Office or visiting our website at www.jamaicatax.gov.jm.
taxpayers were prosecuted during the period November 2018 to January 2019 under Section 17IA of the amended Revenue Administration Act (RAA), for failure to produce books, records and documents as requested.
The delinquent taxpayers failed to comply with several request by the Tax Authority for books, records and documents pursuant to Section 17IA of the RAA, which the taxpayers failed to comply with and as a consequence were prosecuted.
TAJ is reminding business persons that it is an offence not to keep proper books and records relating to their business activities. Additionally, failure to produce such books, records and documents within the time specified when requested by the Commissioner General of Tax Administration Jamaica for an audit/investigation is also a criminal offence. This will result in prosecution under Section 17IA of the amended RAA which carries a penalty of up to
$2,000,000.00 or imprisonment or both.
This action forms part of the sustained efforts by Tax Administration Jamaica to enforce the laws it administers, in order to improve trust and fairness within the system as well as to improve compliance.
Additionally, delinquent taxpayers are strongly advised, that failure to report income, profits or gains as defined within the Income Tax Act, will result in enforcement action by the Tax Authority utilizing the applicable provisions under the law.
Persons may obtain further information on the tax law and any other tax related matter by contacting the TAJ Customer Care Centre at 888-TAX-HELP (888-829-4357) or the nearest Tax Office or visiting our website at www.jamaicatax.gov.jm.
Originally published on jamaicatax.gov.jm .
← Back to the media room