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JIS News

Story Highlights

  • Tax Administration Jamaica will be collaborating with third party entities to get information on tax dodgers.
  • Under the Revenue Administration (Amendment) Act 2013, companies will be able to share information about their contractors with the TAJ.
  • TAJ has been receiving full support from stakeholders for this measure.

As part of the Government’s continued drive to increase collections, Tax Administration Jamaica will be collaborating with third party entities to get information on tax dodgers.

Director of Communications at the TAJ, Meris Haughton, told JIS News that under the Revenue Administration (Amendment) Act 2013, companies will be able to share information about their contractors with the TAJ.

Ms. Haughton explained that starting this year, companies will be asked to provide the TAJ with an annual report of persons they have contracted to provide services. This will help the TAJ to widen the tax base, and to determine whether persons are under- reporting, or not reporting their earnings.

The first report from companies is due on June 30. “We are going to be using this information to match it against what we have, so you may have one individual who may be employed as a subcontractor with three different large companies, we will be able from our data mining to pick up from that information what is happening, and we have the legislative support in place to allow us to do this,” Ms. Haughton informed.

She said the TAJ has been receiving full support from stakeholders for this measure.

“What this strategy is seeking to do, is to level the playing field and to ensure that more persons pay their fair share, so it’s less burdensome on others,” she said.

Prior to this legislation the TAJ had to apply to companies for the third party information, which Ms. Haughton admitted was an onerous less structured method. She noted that this legislation is used in other jurisdictions to aid compliance.