SENATE APPROVES SALES TAX AMENDMENT BILL

THE SENATE HAS APPROVED THE 2024 SALES TAX AMENDMENT BILL, PROMISING TO SHAKE UP TAX ADMINISTRATION BY CUTTING IN HALF THE AMOUNT OF TIME BUSINESSES HAVE TO TURN OVER THE ABST THEY COLLECTED FROM CUSTOMERS TO THE GOVERNMENT. WHILE THE GOVERNMENT HAILS THIS AS A STRIDE TOWARD GREATER EFFICIENCY, THE OPPOSITION WARNS OF UNDUE BURDEN ON BUSINESSES. ABS'S JAMIE J ROACHER REPORTS.