Kas: Madang missing out

National, Normal

The National, Monday July 22nd, 2013

 MADANG Governor Jim Kas says his province has not received any levies from the Department of Finance and Treasury on investments calculated by the Internal Revenue Commission.

Kas said his province has not received levies from investments in logging, fisheries and the book makers operating in the province.

The levies were formulated by the Internal Revenue Commission but his province had yet to receive its share, he said.

The levies were charged by Customs for logs and fisheries products exported out of Madang.

They were then calculated and the host provinces were given their share, while similar fees were charged on hosre race machines and poker machines that become the province’s revenue.

Finance Minister James Marape said he would look into the concerns raised by Kas and remit what was due for Madang, particularly from the bookmaking operations.