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Audley Shaw Says No New Taxes For Two Years

According to Minister of Finance and the Public Service, Audley Shaw, Jamaica’s Government does not plan to introduce any new taxes over the next two years.

Quoted recently, while speaking at a post-2010 budget forum, Shaw reportedly said “It is not my intention over the medium term, and certainly during the term of the International Monetary Fund (IMF) agreement, over the next 27 months, to introduce any new tax at all. We are going to focus on tax compliance, and we are going to focus on widening the tax net.

It will be interesting to see if Minister Shaw manages to keep this promise.


 

Category: Finance

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