|
REPORT TAX FRAUD
HOTLINE 627 0654
email : ctiunit@ird.gov.tt
NEWS : In a matter brought against Fluid Hose and Coupling Ltd by the Board of Inland Revenue, the defendants were found guilty on a total of thirteen charges. The company was charged under the Income Tax Act, Chapter 75:01, Section 99(4)(b) for failing to deduct or withold PAYE for its employees and to remit or pay to the BIR the amounts deducted.
Additionally they were charged under Section 99(7) for failing to issue TD4 Certificates and Section 5
(1)(b) of Finance Act 14/1987 for failing to deduct and remit Health Surcharge on behalf of its employees.
On June 16, 2008 the judge ordered $5,000 on each charge totaling $65,000 or in default that distress warrants be issued in the value of the amount.
|
.jpg)
