KFC franchise holder owes $37.6M in VAT payments – GRA

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The Guyana Revenue Authority (GRA) has filed a statement of amounts due as Value-Added Tax (VAT) from Friendship Hotel and Restaurant Holdings Limited in the High Court, and has slapped 60 charges on nine other businesses.

According to the GRA, the statement revealed that the company owed the GRA $37,648,739.00 as VAT and interest for three consecutive periods: September to November 2007……

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