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Government proposing a number of measures to generate additional revenue


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Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest said to facilitate revenue generating measures this Government Administration is proposing a number of procedures that are designed to generate additional revenue to the government.
 
Specifically, we are increasing the taxation of gaming house activities through the introduction of a sliding scale of rates applied to taxable revenue, namely: up to $20 million, a rate of 20 per cent; between $20 million and $40 million...

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