The Honourable Davendranath Tancoo, M.P., Minister of Finance, laid the Finance Bill, 2026 in the House of Representatives today, June 5th, 2026. The Finance Bill, 2026 continues to address a number of significant areas of Government policy, inclusive but not limited to, tax exemptions for approved pension fund plans and approved deferred annuity plans, pension…
Excerpt: “This achievement could not have occurred at a more opportune time. It comes on the heels of Trinidadand Tobago being removed from the EU list of non-compliant tax jurisdictions and amounts to furthertestament of our global strength,” the Finance Minister said. “It was a personal mission of the Prime Minister to secure our appointment…
The Government of the Republic of Trinidad and Tobago recently met with the Bankers Association of Trinidad and Tobago (BATT). The discussions focused on current market conditions, the state of the economy, and fostering continued collaboration between the Government, the Central Bank of Trinidad and Tobago (CBTT) and the banking sector. The meeting was convened…
The Ministry of Finance advises landlords and rent-collecting agents that the deadline for mandatory registration under the Landlord Business Surcharge has been extended to June 30th, 2026. The extension follows public engagement undertaken by the Minister of Finance, The Honourable Davendranath Tancoo, MP, and is intended to give citizens additional time to complete the registration…
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…