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The Belize Tax Service Department Publishes a List of Defaulters

Millions of dollars in business taxes are owed to the Government of Belize by several business owners. The Belize Tax Service Department made the list of defaulters, public via a newspaper publication for this weekend. The list contains twenty-five businesses with M and M Engineering owing more than two point seven million dollars. It is the highest amount in arrears of this week’s list. Other defaulters are the accounting firm, HLB Belize with arrears amounting to more than two point four million dollars. The list is long and the amounts are huge. As a matter of fact, the lowest amounts listed are Mark Neal’s gym with over forty-seven thousand dollars in arrears and Denvor Fairweather with just over seventeen thousand dollars. Interestingly, the Ministry of Finance is currently working on an Enforcement Collection Model for the Belize Tax Service Department with funding from the InterAmerican Development Bank (IDB).