Coopers Pen tax tangle

New Falmouth Resorts Limited is facing a mounting $26.3-million tax bill on more than 260 acres of prime land, which is now at the centre of a public dispute between Coopers Pen residents and the company. Official Tax Administration Jamaica (TAJ) records obtained by The Gleaner reveal that the company, which acquired the land in March 2006, has failed to pay property taxes for six consecutive years since 2020, racking up more than $2 million in penalties. Tax on the land, currently valued at $390 million, amounts to $3.4 million annually.

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