Amendment to address budgetary policy changes – A-G
2 August, 2022, 5:10 pm
Attorney-General Aiyaz Sayed-Khaiyum says the amendment to the Tax Administration Act 2009 will address budgetary policy changes and will allow the Fiji Revenue and Customs Service (FRCS) CEO to pay into the Consolidated Fund, any uncollected refund amount that has remained uncollected for five or more years from the date the refund became due.
He said it would also empower the Tax Agents Board (TAB) to refer complaints to the FRCS to investigate tax agents, and TAB would also be empowered to compound all offences under Part 4 of the Act.
The A-G said the amendment set a time limit of December 31, 2022, within which a claim for refund of non-resident withholding tax paid for professional services by a resident person where the tax was collected.
Mr Sayed-Khaiyum said the amendment provided a general reference to the chairperson of the board, that is, by removing the reference to the Auditor-General.
He said it also removed reference to the Superyacht Charter Act 2010 as a tax law to align to the amendments made to the Superyacht Charter Act 2010 and for the Superyacht Charter Act 2010 to be read together with the Customs Act 1986.