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A tax return reports income, expenses, tax payments made during the year and other relevant information to the taxing authority. It helps to determine whether a tax refund is due. This will depend on whether a person has overpaid on taxes, or was late in paying tax for previous years. [3]
Information returns are reports used to transmit information about income, receipts or other matters that may affect tax liabilities. For example, Form W-2 and Form 1099 are used to report on the amount of income that an employer, independent contractor, broker, or other payer pays to a taxpayer.
An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income.
The economy of Guyana is one of the fastest growing economies in the world, with a gross domestic product (GDP) growth of 19.9% in 2021. [9] In 2024, Guyana had a per capita gross domestic product ( purchasing power parity ) of Int$ 80,137 and an average GDP growth of 4.2% over the previous decade. [ 4 ]
An assessment taken by the National Frequency Management Unit in 1992 said that GTV was the only television station in Guyana to comply with technical and programming requirements. [4] In 1996, with the release of an official VHF frequency plan for Georgetown by the NFMU, GTV planned to move to channel 11, a decision pending approval of the ...
Television Guyana, also known as TVG is a Guyanese over-the-air television network owned by the Ramroop Group of Companies, led by Dr. Ranjisinghi 'Bobby' Ramroop, the owner of Guyana Times and Radio Guyana. It is the oldest television channel in the country, descending from the former Vieira Communications Television.
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NCN is the descendant of two of Guyana's first radio services: Radio Demerara, which was founded in 1951, and British Guiana Broadcasting Service (BGBS), which was founded in December 1958. The former was a British-owned company, and its licence required the station to broadcast BBC material for 21 hours a week, and programmes provided by the ...