I agree with Samuda...YEs we are trying to promote growth but do something for startups or company's that grow their staff base
Samuda urges Gov’t to reconsider corporate income tax
Published: Thursday May 31, 2012 | 9:17 am Comments 0
North Central St. Andrew Member of Parliament, Karl Samuda - file photo.
North Central St. Andrew Member of Parliament, Karl Samuda, is appealing to the government not to reduce the corporate income tax on unregulated companies.
The government last week announced the tax would move from 33.3 per cent to 25 per cent.
However, Samuda said the government should keep the tax at the current rate and return animal feeds, rolled oats, planting materials and raw foodstuff to the general consumption tax-exempt list.
Samuda is insisting that the government’s decision to tax vegetables was not well thought out.
The government has projected that it would forego point $4 to 5 billion in revenue by reducing the corporate income tax.
radio@gleanerjm.com
Samuda urges Gov’t to reconsider corporate income tax
Published: Thursday May 31, 2012 | 9:17 am Comments 0
North Central St. Andrew Member of Parliament, Karl Samuda - file photo.
North Central St. Andrew Member of Parliament, Karl Samuda, is appealing to the government not to reduce the corporate income tax on unregulated companies.
The government last week announced the tax would move from 33.3 per cent to 25 per cent.
However, Samuda said the government should keep the tax at the current rate and return animal feeds, rolled oats, planting materials and raw foodstuff to the general consumption tax-exempt list.
Samuda is insisting that the government’s decision to tax vegetables was not well thought out.
The government has projected that it would forego point $4 to 5 billion in revenue by reducing the corporate income tax.
radio@gleanerjm.com
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