CCJ orders Guyana to repay taxes to beverage companies

10 May 2017

The Caribbean Court of Justice (CCJ) yesterday ordered that SM Jaleel & Co Ltd (SMJ) and Guyana Beverages Inc. (GBI) be repaid monies collected in unlawful environmental taxes imposed by the Republic of Guyana. The Court however limited their claim to taxes collected within 5 years of the claim, from 2011 to 2015. The companies’ claim was filed in the Court’s original jurisdiction which deals exclusively with cases concerning the Revised Treaty of Chaguaramas (RTC) which governs the Caribbean Community (CARICOM).