Tag Archives: amendment proposal

Guyana would soon be amending the Income Tax Act to block oil sector companies from evading income tax payments by rotating foreign workers, Vice President Bharrat Jagdeo said Wednesday. “They’re rotating them for six months and then sending them back so they’re bypassing their eligibility for taxation,” he told a news conference. Mr Jagdeo said in a number of instances, ...

Government on Tuesday appeared to have back-pedaled from its position hours earlier that persons caught with small amounts of marijuana would not be jailed even as steps were being taken to amend the legislation, instead now saying that possession is still an offence until the law is amended. “Possession is still illegal. The Government only proposes to remove custodial sentences ...