The Financial Investigations Division, FID, in collaboration with Tax Administration of Jamaica, TAJ, scored a first last week when it secured a conviction of a businessman for tax evasion.
In a statement, the FID says it’s collaborated with the TAJ to investigate a 41 year old businessman for cheating the public revenue and making a false statement to the TAJ.
Wen-Jun Kong, was convicted in the Manchester Parish Court.
Kong is a Shareholder and Director of R & R Xpress Company Limited which operates in the parish.
He was convicted on three counts of making a false statement to the TAJ in relation to income tax returns he filed for the period 2012 to 2014.
The Prosecution, led by TAJ Legal Counsel, contended that his declarations were false and led evidence to substantiate the assertion.
He was also charged for two counts of Cheating the Public Revenue, after R&R Xpress Company Limited ‘failed to deliver or cause to be delivered to the Commissioner General of the TAJ a true and correct tax return for the years of assessment, 2012-2014.’
Kong is to be sentenced on May 4, 2022.
The FID’s Chief Technical Director, Selvin Hay, says the entity will continue to collaborate with the TAJ and strategically target tax evaders, who may also see themselves being charged for money laundering.
The TAJ also endorsed the move, noting in a statement that some taxpayers continue to obtain an unfair tax advantage through tax evasion and non-compliance.
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