By KHRISNA RUSSELL
Deputy Chief Reporter
krussell@tribunemedia.net
THE Minnis administration has no intention of forgiving any of the unpaid taxes owed by gaming operators, according to Tourism Minister Dionisio D’Aguilar yesterday.
Even as negotiations continue between the four web shop operators who are considered non-compliant and government officials, the minister issued the warning, insisting that at some point they would have to conform to what is required.
He said currently three operators were fulfilling their obligations, accounting for 70 percent of government’s projections.
“We’re negotiating with the remaining four,” the minister with responsibility for gaming said yesterday. He was asked about the issue during a press conference at the Ministry of Tourism’s Bay Street offices where it was announced that a voluntary separation package agreement was finalised with managers of the Grand Lucayan hotel in Grand Bahama.
“We can negotiate all we want but at the end of the day they will have to become compliant with the tax that’s due. We are not in any way going to forgive any of the debt, so we’ll continue to negotiate.”
Asked pointedly what would be the result of operators continuing not to pay the gaming taxes, the minister said: “There are remedies which I’d prefer not to discuss now.”
Last week Finance Minister K Peter Turnquest, while encouraging operators to pay what is owed to the state, said there was some delay in collection as one operator was completely compliant, another only partially compliant and then some had not complied.
However, the Bahamas Gaming Operators Association released a statement hitting back at his comments.
It read: “Currently, there are three operators that have paid all of their outstanding taxes, which represents 70 percent of the operator taxes due. We are uncertain as to why the minister of finance would make such a public statement, that he knows or ought to know is demonstratively false.”
It continued: “As for patron tax on lotto winnings, initially a tax on patron deposits, gaming operators could not lawfully begin collecting these taxes on April 1 as the government intended.
“To implement such a tax, operators’ systems must be modified, internationally tested, certified and approved by the regulator as fit for purpose. Only once that process is completed can the collection of taxes on lotto winnings commence.”
Comments
BMW 5 years, 7 months ago
Blah blah blah Well stop talking and do something!
BahamasForBahamians 5 years, 7 months ago
Whether the government lets them off or not these guys aren't paying... does he think we are not seeing that?
ashley14 5 years, 7 months ago
What is a web shop?
DDK 5 years, 7 months ago
A 'web shop' is an implement of greed on the part of its owner and of greed AND deceit on the parts of two consecutive Bahamas Governments.
TalRussell 5 years, 7 months ago
Fair, fair yes challenge comrade ministers Dionisio James and KP to name another single business identity Imperial red shirts cabinet have extended such 'beggars' nonpayment compliance courtesy to, just one, yes, no has asks why such tax relief payment vacation?
screwedbahamian 5 years, 7 months ago
Revoke the licenses and close down ALL THE WEB SHOPS until ALL 100 percent (%) of the industry are current on the payment of TAXES due the Bahamian People. Going forward require ALL WEB SHOPS to place interest free Reserves for the minimum of what their taxes were for their last year with the Gaming Board. If they cannot meet this requirement then closed them down and REPLACE THEM WITH THE PEOPLES CHOICE, A NATIONAL LOTTERY. Can we go into the food store and take our groceries home telling the manager we are not paying any V.AT. until we can negotiate the rate with the government. ????
Well_mudda_take_sic 5 years, 7 months ago
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