Excerpt: “The Honourable Davendranath Tancoo, MP, Minister of Finance, has welcomed the successful conclusion of the 2026 Article IV Consultation by the Executive Board of the International Monetary Fund (IMF). Minister Tancoo noted that the assessment provides a crucial signal of renewed international confidence in Trinidad and Tobago’s economy, coming just over one year after…
On Sunday 17th May 2026, the Customs and Excise Division successfully intercepted a passenger attempting to smuggle Marijuana into Trinidad and Tobago through the Piarco International Airport. During routine passenger clearance operations, Customs Officers at the airport referred a 22-year-old British national to the Red Line for further examination of their luggage. During the examination,…
Port of Spain – The Financial Intelligence Unit of Trinidad and Tobago (the FIUTT) joined regulators, law enforcement, and industry leaders last week at the Trinidad and Tobago Securities and Exchange Commission’s (TTSEC) first-ever Industry Dialogue Series on Virtual Assets. The event, held on May 8, 2026, marked a major step forward as Trinidad and…
The Ministry of Finance has advised of an extension by the Board of Inland Revenue (BIR) in the timeframe for the payment of gaming taxes.
During routine operations, Customs Officers conducted examination of cargo which led to the discovery of eighteen (18) packages containing a green plant-like material concealed within a household appliance. Officers from the Preventive Branch were subsequently contacted and responded to the location, where field testing confirmed the substance to be cannabis. The estimated street value of…
Excerpt: “Following a swift response from the Preventive Branch, Officers conducted a detailed examination of a shipment presented for clearance. The inspection revealed four (4) packages containing a green plant-like material concealed within the cargo. Field testing confirmed the substance as cannabis, with an estimated street value of $424,490.00. One individual was arrested and formally…
Trinidad and Tobago is once again being led with seriousness, purpose and direction. Through the decisive leadership of the Honourable Kamla Persad-Bissessar, our country is once again being regarded with respect, credibility and renewed confidence. Her recent visit to the United States will serve to strengthen investor confidence and support a return to growth and…
The Government of Trinidad and Tobago is proud to highlight the significant milestones and benefits derived from its enduring partnership with CAF – Development Bank of Latin America and the Caribbean.This relationship, rooted in visionary leadership and a commitment to sustainable development, has reached new heights, positioning Trinidad and Tobago as a central pillar of…
The Ministry of Finance (MOF), Inland Revenue Division (IRD), wishes to inform all Liquor Licence Holders of significant changes to the filing process for Amusement Gaming Tax Returns. Effective April 1st, 2026, the IRD will be transitioning to a fully digital filing system for Amusement Gaming Tax.Please note the following changes:
Excerpt: “This important milestone reflects several years of sustained commitment, constructive dialogue, and close cooperation between the Ministry of Finance of Trinidad and Tobago and European Union authorities, aimed at aligning with internationally agreed standards for tax good governance. Hailing the decision, EU Ambassador to Trinidad and Tobago, H.E. Cécile Tassin stated: “The progress made…