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Tag Archives: foreign management

Guyana to block oil sector companies from exploiting income tax “loophole”

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, ...

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