The Commissioner-General of the Guyana Revenue Authority (GRA) told the Public Accounts Committee (PAC) on Monday that government entities are the most non-compliant when it comes to filing income tax returns, but admitted that only private agencies have been fined for being delinquent.
During Monday’s hearing, the issue of a reported 84 instances where returns submitted by employers were not reconciled and instances where the amounts stated by the entities were greater than the figures determined during assessment and vice versa arose.
The Auditor General’s (AG) 2015 report stated, “An examination of the Forms II register for the year 2015 revealed that of the 906 returns submitted by employers, 84 instances were observed where the returns were not reconciled by the Department. In addition, 98 instances were observed where amounts on Forms II totaling $360.406 million were greater than the
