Course Background
Jamaica has been ranked 174 out of 183 countries in the world in respect to the ease of paying taxes. We are also ranked at 74th in terms of doing business in the world. This is according to 2010 “Doing Business” data from the World Bank.
Based on these complexities we must understand how best to navigate the Jamaican, and other Caribbean, tax systems, in order to ensure compliance and efficiency.
The information from the World Bank went on to indicate that a Jamaican medium-sized company pays 72 types of taxes compared to those in Latin America and other parts of the Caribbean that pay 33. In addition, Jamaican businesses spend 414 hours preparing tax returns compared to 385.2 hours for Latin America and other Caribbean island. To top it off, Jamaicans pays an average of 51.3% in taxes.
In light of this information, the Jamaica Stock Exchange, in association with Ernst & Young, presents its first Taxation course to enlighten Executives and Individuals on the procedures for tax-compliance and understand the nuances of other Caribbean tax systems. This will allow for ease when doing business or applying for government contracts.
Programme Structure
This seminar will be in the form of a formal lecture session combined with questions & answers to reinforce the concepts presented in each session.
WHO SHOULD ATTEND
¨ Auditors
¨ Accountants
¨ Financial Controls
¨ Corporate Secretaries
¨ Fund Managers
¨ Risk Analysts
¨ Portfolio Managers
¨ Corporate Bankers
¨ Investment Bankers
¨ Financial Analysts
¨ Investigation & Fraud Officers
