Government of the Republic of Trinidad and Tobago

Category: Inland Revenue Division

Media Release: Extension of 2022/2023 Tax Amnesty for the year of income 2021, to August 31, 2023

The Minister of Finance, Hon. Colm Imbert, MP, wishes to announce that the 2022/2023 tax amnesty for the year of income ending December 31, 2021 has been extended to August 31, 2023. This decision has been taken in consideration of the fact that under Section 29(1)(d) of the Public Procurement and Disposal of Public Property…

Media Release: Value Added Tax (VAT) Bonds Application forms are available Online

In keeping with the Ministry of Finance’s 2023 ‘VAT Bonds’ initiative, the Board of Inland Revenue (BIR) has announced that persons registered for VAT, (VAT Registrants) can now apply for the payment of outstanding VAT refunds, via VAT Bonds. The BIR further advises that the VAT Bonds would be issued with a three (3) year…

Media Release: Tax Amnesty Extended to May 19, 2023

The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that the tax amnesty has been extended to May 19, 2023, to give businesses and individuals more time to prepare their financial statements and finalize the necessary documentation to submit their tax returns and pay the taxes due for the year of income 2021…

Media Release: With the support of CIAT and CAF, the Ministry of Finance of Trinidad and Tobago evaluates a comprehensive transfer pricing regime

In the framework of the ‘Project for the Control of Transfer Pricing Operations in Trinidad and Tobago’, funded by the Development Bank of Latin America (CAF), a CIAT team visited the Ministry of Finance of Trinidad & Tobago and its Inland Revenue Division (IRD) during the period March 2-5, 2023; with the aim to formulate…

Media Release: Final Extension of the Tax Amnesty to October 15th, 2021

The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that to give taxpayers a final opportunity to get their financial records in order and to file their tax returns, the 2021 Tax Amnesty has been extended to Friday, October 15th, 2021. It should be noted that there will be no further extension of…