Flat tax as an economic, competitive advantage
THIS PAST week I heard our very respected tax tsar, Clive Nicholas, speaking on the radio about Jamaica's inability to collect all its taxes and, by inference, the complexity of our tax system.

Gleaner makes online splash - Website gets 120 million hits monthly
THE GLEANER newspaper archive is expected to be an important revenue source for the newspaper, says its managing director, Oliver Clarke. Mr. Clarke was speaking at the company's annual general meeting...

Is the 'safety blanket' really necessary?
QUESTION: I own three trucks. Two are insured comprehensively. The other has a third party policy. Insurers say that they will stop providing comprehensive coverage at renewal. This is due to the age of the vehicles. I am very worried.

GCT filing period changed
THE MAY 1 increase in the general consumption tax (GCT) threshold to $1,000,000 will require all registered taxpayers to file their GCT returns monthly beginning August 2005, the Tax Administration Services Department has stated.

Larger Caribbean companies restructuring - Moss-Solomon
SMALL COMPANIES need to organise themselves to play a bigger role in the region, says James Moss-Solomon, newly-elected president of the Caribbean Association of Industry and Commerce (CAIC).

Transfer tax amnesty on
MINISTER OF Finance and Planning, Dr. Omar Davies, yesterday announced a six-month amnesty to allow the estates of persons who died before June 1 to benefit from a new reduced transfer tax rate.

China in the spotlight
With over 90 million Internet users, China is second only to the United States in terms of the sheer size of their online population (number of Internet users).