Trinidad and Tobago’s tax amnesty has been extended to September 30.
This was revealed in a statement by Minister of Finance Colm Imbert on Sunday.
The waiver applies to taxes due and payable for the years up to and including the year ending December 31, 2018 and the taxes are paid before or during the period of the Tax Amnesty, the release stated.
It added, “The waiver also covers outstanding interest charged on any outstanding tax due and payable for the years up to December 31, 2018, where the outstanding taxes are paid before or during the period of the Tax Amnesty.”
The waiver on interest includes but is not limited to the following taxes: income tax, corporation tax, petroleum profits tax, supplemental petroleum tax, land and building taxes, green fund levy, business levy tax on gambling devices, stamp duty, value added tax, health surcharge, hotel accommodation, tax financial services tax, insurance premium tax and special tax.