5 Sep 2003

Tax defaulters in Fiji owe state US$74 million

11:34 am on 5 September 2003

Tax defaulters are reported to owe the Fiji government more than 73-million US dollars.

The Fiji Times quotes the chief executive of the Revenue and Customs Authority, Sila Kotobalavu as saying that uncollected revenue has increased in the past five years, which shows that measures have not been taken to recover debts.

Mr Kotobalavu says they may not be able to recover the full amount, because some businesses may not be operating, some people may have passed away, while others have migrated.

But he says it would be good if they get back at least half the amount.

Mr Kotobalavu has split the Debt Management Unit into two to try to identify and recover the money.

He says the amount of money to be written off would be decided by parliament.