Dear Editor,
I thank Mr. Ram for sharing his interpretation of Section 105 of the Income Tax Act, Chapter 81:01, and for his kind words with regard to our professional interaction. Constructive views are always appreciated as it gives the Revenue Authority the opportunity to review issues, and on many an occasion may result in recommendations to refine and amend the country’s tax laws to provide greater clarity and give purpose to the intent of legislation. However, in this instance the Revenue Authority is satisfied that its interpretation and application of Section 105 of the Income Tax Act, Chapter 81:01 accords with the intent of the legislature, and is permissible under the law.
Yours faithfully,
Godfrey Statia
Commissioner General
Guyana Revenue Authority
