$550m to Improve Tax Compliance System
KINGSTON — A Fiscal Systems Modernisation project, aimed at increased tax compliance, reduced costs and more efficiency in the public sector, is to be instituted this financial year. Some $550 million has been allotted in the 2011/12 Estimates of Expenditure, now before the House of Representations, to implement the project. It involves reforming the Jamaica Tax Administration into a modern...