0.7 per cent tax an error, says Inniss
The solid waste tax of 0.7 per cent on the non-improved value of land announced in the 2013-14 national budget this month was entered in error.
In making this clarification, Minister of Industry Donville Inniss said the authorities were now making a review.
“That matter is being addressed by the Minister of Finance and Commissioner of Land Tax,” Inniss said Friday, and added: “I’m sure shortly they will make the appropriate statement to a level of correction to the matter.”
It was stated that “a 0.7 per cent municipal solid waste tax [would be] placed on the non-improved value of land . . . . [This] tax replaces the Greening Levy announced last year [for] the purpose of managing the major solid waste treatment problem which the country is currently faced with”.