Tax avoidance is legal but tax evasion is illegal

Dear Editor,

Under taxation law; tax avoidance is legal based on the relevant provisions enshrined in the Tax Act but tax evasion is illegal. However, in Guyana it appears that those who are found to have evaded tax are just allowed to pay the State the outstanding amount and the matter is settled. In such cases, the Court of Law should institute imprisonment for those individuals responsible for the crime apart from their settlement.

Sincerely,

Paul Ramrattan