Responsible for the assessment, collection, and enforcement of all government revenues including direct and indirect taxes, stamp duties, and other statutory fees. This function ensures that the Government of Belize collects the revenue necessary to finance public expenditure and meet its fiscal targets.
Key responsibilities:
- Administering income tax, business tax, and general sales tax (GST) in accordance with the relevant legislation.
- Overseeing the Office of the Commissioner of Stamps for the collection of stamp duties on legal instruments including land transfers, mortgages, and company shares.
- Enforcing tax compliance through audits, investigations, and penalties for non-compliance.
- Processing tax registrations, returns, refunds, and exemptions for individuals and businesses.
- Coordinating with the Belize Tax Service and customs authorities to ensure integrated revenue collection.
- Producing revenue forecasts and reporting actual collections against budget targets.
- Educating taxpayers on their obligations and improving voluntary compliance.
- Implementing tax policy reforms in alignment with the government's fiscal strategy.
