Corporation Tax returns with draft financial statements

For Corporation Tax purposes, the Guyana Revenue Authority (GRA) is permitting the submission of Draft financial statements in the absence of Audited accounts. This provision applies to the Year of Assessment 2018 (Year of Income 2017) until further notice. Taxpayers who have submitted draft returns have until the end of the year to submit their returns with the audited Financial Statements.

Corporate taxpayers utilising this provision are advised to ensure that the word DRAFT is placed in a clear and conspicuous manner on their Corporation and Property Tax returns to prevent assessments being raised on the Draft returns submitted.

For more information contact us 227-6060 extension 1201 - 1204.