The Bahamas Department of Inland Revenue claims Sandals Bahamas owes it US$30.8 million in back taxes because it under stated its gross income by US$284 million during the period 2017 to 2022.
Sandals has challenged that assessment.
The Department also says it recently exercised its powers of sale to recover US$700 million in tax arrears from the company, leading to the decision to put a number of Sandals properties up for auction on June 24.
But Sandals says the Department of Inland Revenue has made an error due to inaccurate records and it expects a correction soon.
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