Feb 05, 2019

Latest fraud by tax defaulters! Featured

The latest fraud by tax defaulters is to submit their tax files with shortcomings on the due dates, sources at the Department of Inland Revenue say.

By that, they avoid their files from being audited.

Certain officials at the IRD are aiding in this fraud, the sources say.

With the failure of the IRD’s Revenue Administration Management Information System (RAMIS), some of its top officials allow major businessmen from defaulting their tax payments.

Also, officers in audit divisions team up and inconvenience taxpayers in order to pocket bribes.

It is the majority opinion that the IRD could even exceed its projected revenue if it stops carrying out audits for one year and levy the taxes based on the taxpayer reports instead.

To make the matter worse, the top position in the IRD remains vacant.

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Inland Revenue Dept. in disarray