The Guyana Revenue Authority (GRA) is preparing to levy on the assets of Australia-headquartered mining company, Troy Resources Guyana Inc for huge taxes owed, even as the company is still to inform government of its exit plans from this country, sources say.
“The GRA is moving to take over now,” Minister of Natural Resources Vickram Bharrat told Stabroek News yesterday.
“They owe taxes and no word has been said on how it will be paid. Government has also not been told as yet of what their plans are but we see them trying to sell assets. If they can’t meet their [contract] obligations, then the state could freeze those assets,” a government source told Stabroek News yesterday while another said that when taxes are owed assets of the company will be seized.
