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Trinidad and Tobago Introduces Tax Amnesty Program and Delays Insurance Contributions Increase

|Approved Changes|Trin & Tobago
Trin & Tobago

Trinidad and Tobago Finance Minister Colm Imbert has announced a tax amnesty program that will run through 16 September 2016. The tax amnesty is available for both individual and corporate (business) taxpayers, and provides an interest and penalty waiver for taxes/returns that were due up to December 2015, including income tax, corporation tax, value added tax, and the business and green fund levies. Once 16 September passes, all interest and penalties will again become due.

In addition, the…

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