Some legal practitioners in the country have been found wanting
in meeting tax obligations to government through greatly undervaluing their
earnings to evade full tax payment.
The latest report of
the Commission of Inquiry into Tax Evasion and other Corrupt Practices has
revealed that just ten lawyers have denied the government more
than D20.7 million in revenue, an amount they should have paid as tax but
failed to do as a result of under-declaration of income earned.
After four months of investigations, the Tax Commission has
revealed that most of the people found wanton were greatly under-declaring
their income earned over the years, with many lawyers falling under this
category.
Justice
Mama Fatima Singhateh, chairperson of the Commission, explained how the
Commission came to this conclusion. “Our methodology for reaching this
conclusion is based on their seniority at the bar and their fair market value
(as defined in Section 4 of the Income and Sales Tax Act) of the services
provided in this field.
“We
therefore randomly reviewed the income declared of a lawyer of 16 years legal
standing and compared the income declared and tax paid in any given year and
found out that it was more than the income declared and tax paid for a lawyer
of 32 years standing at the bar on similar services.”
However,
Justice Singhateh pointed out that there is no conclusive proof to support this
other than the fair market rule under the Act.
The
Commission, therefore, strongly believes and firmly concludes that there is a
case of serious under-declaration of income earned with a view to evade the
payment of taxes, and recommended a thorough and detailed inquiry and
investigation to be conducted on this point to ascertain the magnitude of
under-declaration of income by taxpayers.
Like
the lawyers, individual professionals and institutions are also blamed for
causing huge loss of revenue to the government through under-valuing their
incomes.
Apart
from lawyers, the other people allegedly guilty of “professional stealing” is
the medical professionals seven of whom have a total outstanding amount of tax
debt of more than D5.3 million.
Seven
consultants and engineers are also said to have caused government the loss of
more than D15.2 million for similar reasons to those of the lawyers and
doctors.
As
regards institutions, the Tax Commission’s report states that six insurance
companies have made government to lose over D98.5 million, and twelve hotels over
D439.5 million.
The report of the Commission also revealed
that the Gambia government lost over D2.5 billion (more than US$95 million) as
a result of tax evasion and failure to pay correct tax, due by 50 selected taxpayers, including the
above-mentioned ones, who were re-assessed on income, sales, and PAYE (pay as
you earn) taxes.
According
to the three-volume report, corruption, negligence and nonchalant attitude by
some officials of the Gambia Revenue Authority (GRA) in tax administration
contributed to the huge economic loss.
Presented
to the Gambian leader, Yahya Jammeh, on 6 June at State House in Banjul, the
report exposed serious flaw in the assessment process and procedures adopted by
the GRA, which is depriving government of large amount of much needed revenue.
Central Bank blamed for loss of over D21
million to government
It
is also stated in the report that the Central Bank of The Gambia as the
institution of government responsible for supervising the banking industry, did
not appear to have instituted adequate measures to stop the rampant
malpractices of accepting payment of government revenue by personal cheques.
Up
to 2011, the total of dud cheques outstanding as at December 2011 was D21,412,
085.53, which could have been completely avoided if certified cheques were
accepted for payment of taxes.
Established
in October 2011, the Tax Commission’s report was prepared after four months of
investigations during which it inquired into tax evasion and other corrupt
practices of accountants, legal practitioners, engineers, medical
practitioners, private persons, institutions, construction companies, GSM
companies, hotels and other types of companies and businesses required to pay
tax to the GRA - the institution tasked with the responsibility of revenue
collection for the state.
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