Dear Editor,
At last Thursday’s launch of the new Guyana Times broadsheet, your newspaper reported that President Bharrat Jagdeo essentially described Guyanese businessman, Mr Yesu Persaud as ‘ignorant’ of the tax laws for simply suggesting that consideration should be given to extending tax concessions given to QAII (owners of the new paper) to other local businesses, and then proceeded to explain what aspects of the government’s agreement with QAII qualified for tax concessions.
From what I read in your news account, the President did explain that the newspaper’s owners would not be getting the benefit of duty-free concessions on their (printing) equipment and consumables; however their textile and antibiotics [ventures] will get a tax holiday.