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Coral Coast Builders Ltd pleads guilty to 7 counts of failing to file income tax returns

Coral Coast Builders Ltd pleads guilty to 7 counts of failing to file income tax returns

The Suva Magistrates Court has convicted Coral Coast Builders Limited for failing to file income tax returns from 2008 to 2014.

The Company pleaded guilty to seven counts of failing to file income tax returns.

Resident Magistrate Kashyapa Wickaramasekara while sentencing the company said tax returns had not been lodged despite numerous reminders by the Commissioner on a continued basis for a period of eight consecutive years.

The Company has been fined $1,500 for each count.

Fiji Revenue and Customs Service CEO Visvanath Das says this case is an example of how non‑compliant taxpayers will be dealt with under the law and should be a deterrent to those who think they can get away with beating the tax.

He says the Fiji Revenue and Customs Service is now on the outlook to clamp down on companies who have not been compliant with their lodgements.

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