Update - Jamaica's General Consumption Tax (Amendment) Bill 2014
On 26 September 2014, Jamaica's General Consumption Tax (Amendment) Bill 2014 was passed by the Jamaican Senate, following passage of the by the House of Representative on 17 September. The Bill includes several amendments to Jamaica's General Consumption Tax (GCT) ACT.
Key changes include:
- Introducing more stringent regime-related penalties and enforcement actions
- Preventing double claims fo…