Revenue target $47.9B
Stabroek News
March 30, 2004
The government is expecting to see its current revenue grow to $47.9B this year with the revenue agencies raking in 92.8% of this.
The Inland Revenue Department target for this year is $24B, against a target of $22.3B last year, which it exceeded by $100M. The $600M increase this year is expected to come from increased company income tax and the impact of tax reform and administrative changes.
The Customs and Excise Department has a target of $20.5B against a target of $20.2B last year and actual collections of $19.1B.