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Parliament Criticizes Government Over Poor VAT Collection

  • Parliament criticized the government for weak VAT collection and failing to properly check business records.
  • MPs said many entrepreneurs collect VAT from customers but do not remit it to the state.
  • NDP lawmakers urged the government to act on known permit-holders and enforce collection more aggressively.
  • Consumers were also encouraged to always ask for receipts to help ensure VAT is paid over.
  • Parliament rejected the government’s claim of lacking capacity, saying better enforcement could significantly raise revenue.

Source: surinametimes.com

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.



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