As part of the new agreement signed with U.S. oil giant ExxonMobil, the Natural Resources Minister will have to file for the company’s tax returns with the Guyana Revenue Authority (GRA), something outspoken political analyst and economist, Ramon Gaskin has described as ‘foolish.’
According to Gaskin, this agreement which the Government signed onto makes them look silly in the eyes of many and only puts the Minister (Raphael Trotman) in a bad situation, where he now becomes the company’s ‘water boy,’ who has to provide a receipt of payment to the company at the end.
The new contract states that ExxonMobil and its partners shall provide the Minister with its income tax returns to be submitted by the Minister to the Commissioner General, GRA, so the Minister can pay income tax on behalf of ExxonMobil and its partners as provided under Article 15.4.
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