{"id":23801,"date":"2019-01-29T19:06:49","date_gmt":"2019-01-29T23:06:49","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=23801"},"modified":"2019-01-29T19:06:51","modified_gmt":"2019-01-29T23:06:51","slug":"sandals-clarifies-beaches-closure-in-turks-and-caicos","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/sandals-clarifies-beaches-closure-in-turks-and-caicos\/","title":{"rendered":"Sandals Clarifies Beaches Closure In Turks and Caicos"},"content":{"rendered":"
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\"\"<\/a><\/div>\n

(PRESS RELEASE)<\/p>

\"\"<\/a><\/div>\n\n\n\n

The assertion that the announced closure dates of Beaches Turks and Caicos is<\/g> due to outstanding taxes is false. Beaches Resorts owes no outstanding taxes to the government of the TCI and we wish to state for the record that Beaches TCI has, for the past 23 years in which it has operated in the Turks and Caicos Islands, punctually and accurately paid taxes according to law. As a matter of fact, we are the first in line to pay our taxes. To the contrary, it is Beaches Resorts that is currently owed many millions of dollars in over paid<\/g> taxes. Prior to 2016 Beaches<\/g> TCI underwent several tax audits by the TCI Tax Department which always resulted in a clean sheet.<\/p>\n\n\n\n

However, in 2017 the Tax\nDepartment, in disregard of the prevailing legally binding agreements in writing,\nunilaterally and unlawfully imposed additional taxes and penalties at a\npreposterously crippling rate of 10% per month, compounded, which translates to\nmore than 213% per annum. Let us be clear- the company invested in the TCI on\nthe strength and assurance given by the Government in legally binding\nagreements.<\/p>

\"\"<\/a><\/div>
\"\"<\/a><\/div>\n\n\n\n

The Government has acknowledged\nthe injustice and has undertaken to remedy the egregious wrong but, in spite of\nassurances has been unable to do so for over two (2) years. While not a\ncomfortable position, Beaches TCI was forced to take legal action against the\nTCI Government for breaches of the binding agreements.<\/p>

\"\"<\/a><\/div>\n\n\n\n

We are heartened by the Premier’s\nstatement that this very serious matter is engaging the attention of Cabinet,\nwhich we are hopeful, will protect our guaranteed written rights as was agreed.\n<\/p>\n

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

(PRESS RELEASE) The assertion that the announced closure dates of Beaches Turks and Caicos is due to outstanding taxes is false. Beaches Resorts owes no outstanding taxes to the government of the TCI and we wish to state for the record that Beaches TCI has, for the past 23 years in which it has operated […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-23801","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\nSandals Clarifies Beaches Closure In Turks and Caicos - Antigua News Room<\/title>\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\/sandals-clarifies-beaches-closure-in-turks-and-caicos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sandals Clarifies Beaches Closure In Turks and Caicos\" \/>\n<meta property=\"og:description\" content=\"(PRESS RELEASE) The assertion that the announced closure dates of Beaches Turks and Caicos is due to outstanding taxes is false. 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