Important Message

 Financial Institutions with accounts held by US Citizens must report to the Guyana Revenue Authority

The Guyana Revenue Authority (GRA) is mandated under the Foreign Accounts Tax Compliance Act (FATCA) to report accounts of United States (US) citizens to the US Internal Revenue Service (US-IRS) on an annual basis.

In fulfilling this obligation, Financial Institutions (FIs) with accounts held by US citizens are required to report such information to the GRA, the designated Competent Authority. Reporting must be done through the FATCA Reporting Portal which can be accessed via the link https://ides.gra.gov.gy/FATCAPortal/.

For assistance on accessing the portal, contact our Information Technology Department on 227-6060 extension 5601.

Latest News



  •  
    Breach of Confidentiality is an offense punisable by Law

    The Guyana Revenue Authority (GRA) has taken note of two articles which appeared in one of the daily newspapers referencing statistics on tax concessions granted to foreign mining companies.

    Read More



  •  
    Tax Exemptions on Solar Equipment

    As of May 7, 2018 in keeping with Item 49 (a) of the First Schedule, Part 111 B (ii) of the Customs Act and Paragraph 12 of Schedule 11 to the VAT Act, the Guyana Revenue Authority (GRA) will require NO CG Letters to clear the following...
    Read More



  •  
    Tax Exemptions on Bio-Degradable Containers

    Effective May 7, 2018 in keeping with Paragraph 4 (d) of Schedule 1 tothe VAT Act, the Guyana Revenue Authority (GRA) will require NO CG Letters to clear
    Read More



  •  
    Tax Exemptions on goods imported by Diplomats

    Effective May 7, 2018 in keeping with Item 6 of the First Schedule, Part 111 B (ii) of the Customs Act and Paragraph 14 (f ) of Schedule 11 to the VAT Act, the Guyana Revenue Authority (GRA) will require NO CG Letters to clear goods imported by Diplomats EXCEPT motor vehicles and alcohol.
    Read More



  •  
    CUSTOMS NOTICE - To All Customs Brokers and Companies Brokers

    With reference to the captioned subject, kindly be advised that the Guyana Revenue Authority (GRA) has embarked on the implementation of the latest version of ASYCUDA World (AW).
    Read More



  •  
    Notice to Shipping Lines, Agents, Wharves, Consolidators

    ASYCUDA World has commenced in a phased approach with the E-Manifest module, and requires electronic data to facilitate faster processing and clearance of goods...Notwithstanding the above, the Commissioner-General has approved for the cut-off date to be extended to May 13, 2018.
    Read More



  •  
    Stamping of Tobacco Products Commences

    Importers, retailers and resellers of tobacco products should note that the Guyana Revenue Authority (GRA) Customs, Excise and Trade Operations (CE&TO) has commenced the application of Excise Stamps on imported tobacco products.

    Customs Officers are currently visiting premises to verify existing inventories to initiate the stamping process.

    Read More



  •  
    Delinquent Taxpayers to be granted Tax Amnesty

    Are you a delinquent taxpayer? Do you have outstanding returns and taxes that have not been paid? Well, here is some good news. 

    Read More

Exchange Rates

Effective May 1, 2018, the following shall be the rates of exchange for the purpose of the provision to Section 22(1) (a) of the Customs Act, Chapter 82:01:-

COUNTRYCURRENCY UNITGUYANA DOLLAR
AustraliaDollar157.38
ArgentinaPeso10.16
AustriaEuro251.90
BahamasDollar208.50
BarbadosDollar104.25
BelgiumEuro251.90
BelarusRouble104.25
BrazilReal59.78
ChinaYuan32.86
CanadaDollar162.64
ColombiaPeso0.07
DenmarkKroner33.81
European UnionEuro251.90
Eastern CaribbeanDollar77.22
FranceEuro251.90
GermanyDeutsche Mark251.90
Hong KongDollar26.57
ItalyEuro251.90
IndiaRupees3.12
JamaicaDollar1.67
JapanYen1.91
MexicoPeso11.10
NigeriaNaira0.56
North KoreaWon0.23
NorwayKroner26.30
Netherlands (Holland)Euro251.90
Netherlands (Antilles)Guilders116.48
New ZealandDollars146.91
PortugalEuro251.90
QatarRial57.26
RussiaRouble3.31
SingaporeDollars157.47
SpainEuro251.90
South AfricaRand16.70
South KoreaWon0.20
SurinameDollars27.92
SwedenKroner23.85
SwitzerlandFranc210.63
TaiwanDollars7.05
Trinidad & TobagoDollar30.94
UkraineHryvan7.95
United KingdomPounds Sterling287.19
United States of AmericaDollars208.50
United Arab Emirates (UAE)Dirham56.76
VenezuelaBolivar0.00

The notification under Section 22 (2)(c) of the Customs Act, Chapter 82:01 last published by the Commissioner-General, Guyana Revenue Authority in the Official Gazette is hereby superseded.

The above rates of exchange are published solely for the purpose of Customs collection and may not correspond with the rates of exchange, which the Commercial Banks employ in the course of their business.

 Mr. Godfrey Statia

Commissioner - General

  

Exchange Rates

Effective May 1, 2018 :-
CountryGuyana Dollar
European Union251.90
Eastern Caribbean77.22
Suriname27.92
Trinidad & Tobago30.94
United Kingdom287.19
United States of America208.50

Click here for more Rates

Query

 query Have a Tax Query? 

Call Our Tax Hotline
227-6060 extensions: 1201-1204
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Report Tax Fraud

  Tax fraud Law Enforcement and
         Investigation Division

 Tel# 227-6060 Ext 3200-3208