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Caribbean Times 2nd Issue - Tuesday 21st February 2017

Caribbean Times 2nd Issue - Tuesday 21st February 2017

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4 c a r i b b e a n t i m e s . a g<br />

<strong>Tuesday</strong> <strong>21st</strong> <strong>February</strong> <strong>2017</strong><br />

Senator Weston urges US-based<br />

businesses and citizens to pay their taxes<br />

SALE!<br />

By Joanna Paris<br />

The Foreign Accounts<br />

Tax Compliance Act<br />

United States of America<br />

implementation and<br />

enforcement of the Inter-governmental<br />

agreement<br />

Bill <strong>2017</strong> was given<br />

the approval of the Upper<br />

House of Parliament last<br />

week.<br />

There was no debate<br />

on the bill, indicating<br />

that the senators were in<br />

agreement with the contents<br />

of the bill.<br />

Leader of Government<br />

Business, Senator<br />

Lennox Weston, indicated<br />

that the tax obligations<br />

of persons who have US<br />

based businesses or are<br />

in the possession of a US<br />

passport or Permanent<br />

Residence Card will have<br />

to be met with the passage<br />

of the bill.<br />

He added that it will<br />

also increase the cost of<br />

compliance for financial<br />

institutions.<br />

He noted that the Inland<br />

Revenue Department<br />

(IRD) will have a<br />

SALE!<br />

SALE!<br />

State Insurance Corporation announces the sale of<br />

damaged vehicles. Contact us at 481-7818/17/12 to<br />

make an appointment to view vehicles. Then submit<br />

sealed bid including name address and telephone number<br />

of bidder, bid value and make and model of vehicle.<br />

Address bids to Salvage Sales and drop off at our<br />

office on Redcliffe St. Our representative will contact<br />

you.<br />

critical part to play in the<br />

process.<br />

“The Inland Revenue<br />

Commissioner is now the<br />

official person and we<br />

will need to hire persons<br />

to ensure that we are in<br />

fact complying.<br />

“If we do not comply,<br />

then the lucrative<br />

offshore sector that we<br />

are looking to invest in<br />

will come under the hammer”,<br />

Senator Weston<br />

emphasized.<br />

Senator Lennox Weston.<br />

Massiah pleased<br />

with gender parity<br />

in the Senate<br />

By Joanna Paris<br />

Female politician and Member of Parliament for the All<br />

Saints East and St. Luke Constituency, the Hon. Joanne<br />

Massiah has expressed happiness with the fact that gender<br />

parity has been achieved in the Senate with the appointment<br />

of Senator Aziza Lake.<br />

Senator Lake, who sits on the government’s bench, made<br />

her maiden presentation last week Thursday, where she<br />

highlighted the concerns of youth, women and men among<br />

other areas of social development.<br />

MP Massiah said that she was “very pleased and excited<br />

about the news of the appointed of Senator Lake” and has<br />

offered the young, female Senator congratulatory words.<br />

She indicated that Senator Lake is a true advocate, who<br />

not only speaks on behalf of women and girls but also the<br />

youth.<br />

“She must never be afraid to speak to the issues because<br />

we are in this together and she has my full support”, MP<br />

Massiah declared.<br />

MP Massiah was a guest on ABS’s Against the Backdrop<br />

on Monday.

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