{"id":224995,"date":"2025-02-11T09:38:12","date_gmt":"2025-02-11T13:38:12","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=224995"},"modified":"2025-02-11T09:38:12","modified_gmt":"2025-02-11T13:38:12","slug":"antigua-and-barbuda-pm-warns-against-tax-manipulation-in-the-hotel-sector","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-pm-warns-against-tax-manipulation-in-the-hotel-sector\/","title":{"rendered":"Antigua and Barbuda PM Warns Against \u2018Tax Manipulation\u2019 in the Hotel Sector"},"content":{"rendered":"
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Prime Minister Gaston Browne has raised concerns about financial practices in the hospitality industry, warning against what he described as “tax manipulation” by some businesses in the sector.<\/p>

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Speaking on Pointe FM, Browne claimed that certain hotels have been underreporting revenue, potentially reducing the amount of taxes owed to the government.<\/p>\n\n\n\n

He pointed to discrepancies in room tax and head tax reporting, alleging that some companies declare significantly lower figures than what guests are actually charged.<\/p>

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\u201cThere are hotels that sell rooms for thousands of dollars per night but report a fraction of that for tax purposes. This type of manipulation deprives the country of much-needed revenue,\u201d Browne said.<\/p>

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He also criticized deductions for marketing expenses, arguing that some businesses inflate their claims, thereby reducing their taxable earnings. <\/p>\n\n\n\n

The government, he said, plans to renegotiate agreements with major hotels to set clearer limits on deductions and ensure that all taxes owed are fairly collected.<\/p>

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Browne emphasized that while the government supports incentives to attract investment, it will not allow companies to take advantage of tax concessions in ways that undermine national revenue.<\/p>\n\n\n\n

Discussions are expected to continue with industry stakeholders as the government moves to strengthen financial oversight and transparency in the tourism sector.<\/p>

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\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

Prime Minister Gaston Browne has raised concerns about financial practices in the hospitality industry, warning against what he described as “tax manipulation” by some businesses in the sector. Speaking on Pointe FM, Browne claimed that certain hotels have been underreporting revenue, potentially reducing the amount of taxes owed to the government. He pointed to discrepancies […]<\/p>\n","protected":false},"author":3,"featured_media":214912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-224995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nAntigua and Barbuda PM Warns Against \u2018Tax Manipulation\u2019 in the Hotel Sector - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Antigua and Barbuda PM Warns Against \u2018Tax Manipulation\u2019 in the Hotel Sector\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-pm-warns-against-tax-manipulation-in-the-hotel-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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