Revenue Administration Act Jamaica

T minis ra.

Revenue administration act jamaica. Revenue administration a t 2013 recent amendments to the revenue administra tion act raa provide greater information gath er powers to tax administration jamaica taj through the ommissioner general g in sever al critical areas. 2 for the purposes of the discharge of his functions under this act the commissioner general shall have power to a 4vise the inister on matters relating to revenue. A functions as may be assigned to him by this act or any s 3. Strengthening the capacity of the ministry to effectively regulate financial institutions and combat financial.

An act to make provision for the better administration of the revenue of jamaica to repeal the collector general s act and to make consequential and other amendments to certain enactments to increase the level of certain fees and fines prescribed in the customs act and the excise duty act and for matters connected therewith or incidental thereto. Improving revenue administration by creating a simple equitable and competitive tax environment to ensure greater compliance and enhance growth. To which section 28 ofthe. This act may be cited as the revenue administration short tida rntmw tion.

The bill seeks to among other things significantly improve the state s revenue collection process by empowering the commissioner general of tax administration jamaica taj with the authority to mandate the provision of information deemed useful and useable in a format appropriate for and relevant to. Tax administration jamaica establishment and functions. The senate on friday june 28 passed the revenue administration amendment act. The need for the rpd was also recognized by the barents report commissioned by the government of jamaica.

There is established for the purposes ofthis act a body to be. Revenue admlnistratlon 3 a 12 d lws 5 d 1931 24 or 1 15 of 1998 the revenue administration act lst september 1985 1 29 of 1994 part i preliminary 20 of 1999. Exchange of information the raa now provides for the removal of all practical obstacles to exchange of information. Section 6 of the revenue administration act raa states inter alia.

Tax administration jamaica and shall have such other ii oii. Called tax administration jamaica which shall be a body corporate afd tax.