Business

Jamaica’s tax system must overcome its identity crisis to be efficient A key objective of a tax system is to raise revenue to fund public expenditure. Jamaica’s tax regime seeks to do this but it has been overwhelmed for many years in servicing our ever-growing national debt. In the first five months of the current…

Flip-flop tax decisions reward J Wray & Nephew, punish Red Stripe A few days after Finance Minister Audley Shaw attempted to level the playing field on alcohol tax in Jamaica by imposing a tax based purely on alcohol content by volume and ending the unfair advantage that the tonic wine market had enjoyed for seven…