The Jamaica Parliamentary Tax Committee, established in July, is set to begin their review on the Government’s Tax Reform proposals and in September.
Delivering on a promise that the process will be all-inclusive and comprehensive, the Government is calling on all stakeholders inclusive of business and professional organizations, civic bodies, trade unions, academics, workers and the general public to submit, in writing, their comments and suggestions on the Tax Reform Green Paper.
The nine (9) member committee, chaired by the Honourable Minister of Finance Audley Shaw, includes Minister of Agriculture and Fisheries, Hon. Robert Montague; Minister of Tourism, Hon. Edmund Bartlett; Minister of Foreign Affairs and Foreign Trade, Hon. Dr. Ken Baugh; Minister of Industry, Investment and Commerce, Hon. Dr. Christopher Tufton; Member of Parliament for East Central St. Andrew, Dr. Peter Phillips; Member of Parliament for South St. Andrew, Dr. Omar Davies; Member of Parliament for South St. Catherine, Fitz Jackson, and Member of Parliament for Eastern St. Andrew, Anthony Hylton.
Persons wishing to participate should submit comments and suggestions to: The Chairman; Parliamentary Tax Committee; Houses of Parliament, Gordon House; 81 Duke Street, Kingston.
The green paper, tabled in May 2011, is aimed ensuring that the system is simple, efficient, provides equity, fairness and stimulates economic growth whilst yielding adequate amounts of revenue. At the end of the consultation process, the Government hopes the valuable feedback will result in a final policy position (White Paper) that is slated for implementation in 2012.