Serious allegations have surfaced that some parents are using their children’s bank accounts to deposit large sums of money to avoid paying taxes.
This has been revealed by the Fiji Islands Revenue and Customs Authority who are now investigating a number of such cases.
FIRCA chief executive Jitoko Tikolevu has also confirmed to Fijivillage that this is the reason why they also want children to have tax identification numbers.
Tikolevu said they are now trying to find the source of these large sums of deposits and anyone found breaching the law will be held accountable.
Meanwhile, the police and FIRCA Public Sector and the Commercial Crime Unit will now move its operation to the western division after allegations surfaced that funds at FIRCA's Lautoka office have also been allegedly misappropriated in a similar manner as in its Suva office.
Investigations have hinted that the network is nationwide.
Police allege that there are officers in FIRCA's Lautoka office who may have colluded and conspired with individuals to generate fictitious tax return TINS and directed the money into separate bank accounts of individuals with whom they allegedly conspired to commit the felony with.
Story by: Shalvin Deo
Parents using childrens accounts to evade taxes
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