$40B HOLE
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The financial standing of the University Hospital of the West Indies (UHWI) is now under scrutiny following revelations yesterday that the teaching institution has a ballooning tax debt amounting to tens of billions of dollars. Acting chief executive officer$40B HOLE
The financial standing of the University Hospital of the West Indies (UHWI) is now under scrutiny following revelations yesterday that the teaching institution has a ballooning tax debt amounting to tens of billions of dollars. Acting chief executive officer of the UHWI, Eric Hosin, told members of Parliament’s Public Accounts Committee (PAC) on Tuesday that the hospital owed Tax Administration Jamaica (TAJ) more than $40 billion in taxes. He said $18 billion of this amount is the principal sum owed and the balance represents interest and penalties.














