- GRA is addressing tax issues related to importing luxury vehicles.
- GRA collaborated with the USA for information on a 2020 Lamborghini Roadster SVJ.
- USA provided an invoice confirming the true purchase price of the vehicle.
- GRA filed a Supplementary Affidavit to include this information in court evidence.
- Judge refused to admit the USA information into evidence, with reasons to be given in September 2025.
- Evidence showed false invoice and price, leading to understated taxes.
- GRA initiated criminal proceedings for fraudulent evasion and declarations.
- Importer signed a customs form declaring all information as true.
- GRA can reassess values within seven years if new evidence arises.
- GRA demands additional taxes based on new evidence of falsified invoice.
- GRA commits to fair and consistent enforcement of tax and trade laws.
Source: newsroom.gy
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
