Unicomer St. Vincent Ltd., parent company of Courts Furniture Store, is expected to be served with notice very soon from the Inland Revenue Department (IRD) demanding that the over $20 million in outstanding taxes be paid. The government’s position was validated following a ruling by the Eastern Caribbean Court of Appeal last week which ruled in favour of the tax collection entity that they were in fact owed $12.66 million.
Unicomer St. Vincent Ltd., parent company of Courts Furniture Store, is expected to be served with notice very soon from the Inland Revenue Department (IRD) demanding that the over $20 million in outstanding taxes be paid. The government’s position was validated following a ruling by the Eastern Caribbean Court of Appeal last week which ruled in favour of the tax collection entity that they were in fact owed $12.66 million.
Unicomer St. Vincent Ltd., parent company of Courts Furniture Store, has signalled its intention to appeal the judgment handed down by the Eastern Caribbean Court of Appeal in favour of the government for outstanding taxes now amounting to just over $20 million. The company released a statement on April 22, 2024, days after the ruling came from the Appellate Court. This is the fourth ruling in favour of the Comptroller.
This year the Inland Revenue Department will embark on an island wide property tax arrears enforcement program. Comptroller of the Inland Revenue Department Kelvin Pompey told NBC news that over the years there is less than a 50 per cent compliance rate of persons paying property taxes. He said that the process of…