FTX Bahamas charges US broke ‘every single’ pledge

the most palatable option we have is improving our compliance.”

Shunda Strachan, the Department of Inland Revenue’s acting controller, last month estimated that taxpayers owe a combined $875m in unpaid VAT, real property tax and Business Licence fees that are past due. Mr Wilson told this newspaper he believes tax compliance can be “substantially” improved, and added: “I think we have hit an iceberg with respect to this thing about compliance.

“When we focus more on compliance it alleviates a lot of fiscal pressures. It’s very important. We don’t want to be in a situation where we have to use other measures to increase revenues, such as new taxes