GRA netted $198B in taxes for 2018 -Statia

Godfrey Statia

The Guyana Revenue Authority (GRA) has collected in excess of $198 billion in tax revenue for the year 2018.

Speaking at a press conference yesterday at the GRA headquarters at Camp Street, Georgetown, Commissioner-General Godfrey Statia noted that the total sum collected was $198.7 billion, which is $27 billion more than the $171.1 billion collected in 2017. It was also higher than the $181.8 billion in collections that was projected in the 2018 national budget.

Statia explained that of the sum collected, at least $15 billion represented arrears, $7 billion of which was recovered through the amnesty programme which ran from January to September…..

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