Trinidad and Tobago's Minister of Finance Colm Imbert has announced plans to introduce a 7% tax to be levied on purchases from foreign online retailers. The tax is in addition to the current duties and value added tax that are due when goods arrive in the country, and is to apply from September 2016. The actual collection mechanisms are not yet finalized, but will involve coordination with the relevant banks and credit card companies involved in the purchases. Additional details will be publi…