#Article (Archive)

Another tax commission in the offing - Govt.

Jun 11, 2012, 12:32 PM

The Gambia government has announced plans to set up another Commission of Enquiry to probe into Tax Evasion from 1999 to 2012.

A news release from the presidency said Thursday that the new commission will cover all such evasions not dealt with by the recent Tax Evasion Commission.

The move followed the recent report of the Tax Commission, which presented its report to President Yahya Jammeh last Wednesday.

The release informed all business proprietors and individuals who have not paid capital gains tax and all others taxes to do so immediately in order to avoid prosecution and possible jail term.

According to the release, civil servants are however exempted from this probe, since their taxes are directly deducted from their salaries.

“Furthermore, it has come to the notice of the Office of the President, that some people sell their properties in foreign currency. This must stop immediately,” it said, adding that all those engaged in this practice should pay capital gains tax or the transfer of such property to land owners will be nullified, and the perpetrators prosecuted.

The general public is, therefore, advised to comply, and anyone found culpable will face the full force of the law, the release added.