Treasurer instructs Customs to diligently enforce excise taxes
Treasurer Dr Falema’o Phil Pili has instructed Customs Agents to enforce excise taxes on imports, something he believes has not been implemented in the past.
The Treasurer told Samoa News there have been a lot of complaints from the public and government agencies about “abruptly” implementing the taxes, yet it’s by statute and it’s mandated that we follow the law, which is what Governor Lolo Moliga has always been keen on, he said.
According to a memorandum issued by the Treasurer last month, Falema’o noted that as a follow up on the recap in moving action items forward, Customs Agents commitment and due diligence is vital and crucial for a healthy and effective government.
“As our front line, you (Agents) defend our resources, by your appropriate assessment and collection; it enables our government to continue its operations as mandated to Treasury.”
The memorandum goes on to say that as mandated, effective immediately all goods entering the territory through the office of Procurement are subject to the 5% excise tax.
“A proper system shall be implemented to appropriately capture the line item on the onset of the acquisition during the bid and selection phase, until the process is completed; all appropriate taxes shall be collected before “goods” are released from the wharf.”
The Treasurer notes that the Semi Autonomous Government Agencies — ASTCA, ASPA, LBJ and ASCC — are subject to 5% excise tax and any other applicable taxes.
The Treasurer pointed out that all Commercial Vehicles including heavy equipment are subject to a 25% excise tax.
In the matter of fishing vessels, owners of purse seiners and longliners, Falema’o noted that both StarKist and Chicken of the Sea are under new management and new ownership and tax exemption certificates have changed. He has therefore sought the Attorney General's opinion, as well as the Governor's Legal Counsel for review, pending a final decision on whether the exemption currently in place for fishing vessels, etc. should still be in effect.
In the meantime, the Treasurer wrote in his memo, to continue to exempt the “fishing vessels” from the 5% and other applicable excise taxes — until further notice.
THE NEW COMMENTS PROCESS
To make comments, you will need to register. You can register under your real name or use a 'screen' name. This way, people will be able to follow comments and make comments back and forth to each other. If you choose to use a 'screen name' no one will know your true identity. In either case, no email addresses will be available to anyone. It is an automated process. If you have questions, email: firstname.lastname@example.org
You currently are not logged in, please LOGIN to post comments.