MEDIA RELEASE: EXPRESS EDITORIAL ON CENTRAL BANK GROSSLY INACCURATE
The Minister of Finance, the Hon. Colm Imbert, M.P., has taken note of an editorial in Daily Express of Wednesday December 16, 2020, which defied logic.
PRESS RELEASE – THE ARGUMENTS AGAINST THE AMENDMENTS TO THE PUBLIC PROCUREMENT ACT , ARE NOT BASED ON FACTS, LOGIC, OR INTERNATIONAL BEST PRACTICE
The Minister of Finance, Hon. Colm Imbert, M.P., has taken note of commentary in the media regarding the proposed amendments to Section 7 of the Public Procurement and Disposal of Public Property Act, which would have the effect of excluding Government to Government contracts from the ambit of the Office of Procurement Regulation, in particular…
MEDIA RELEASE – PAYMENT OF COMPENSATION TO PROPERTY OWNERS IN THE CONSTRUCTION OF A NEW TERMINAL AND ASSOCIATED WORKS AT THE A.N.R ROBINSON INTERNATIONAL AIRPORT, TOBAGO
The Minister of Finance, the Honourable Colm Imbert, M.P., in conjunction with the Honourable Chief Secretary of the Tobago House of Assembly, Assemblyman Ancil Dennis, wishes to advise that approval has been granted for the payment of compensation to an additional fifteen (15) property owners in Tobago, whose properties are being acquired for the construction…
Media Release: e-Tax Services are available to Taxpayers
The Board of Inland Revenue (BIR) has taken note of reports circulating in the public domain regarding interruptions in accessing the Inland Revenue Division’s (IRD) e-Tax Service. The BIR wishes to advise that e-Tax services have been consistently and reliably available to taxpayers with the exception of a scheduled maintenance, during the period Friday, October…
MEDIA RELEASE – GRACE PERIOD FOR IMPOSITION OF INCREASED TAXES AND IMPORT DUTY ON IMPORTED PRIVATE MOTOR CARS
The Minister of Finance, Hon. Colm Imbert, M.P., wishes to advise that at its meeting last week, Cabinet agreed that with respect to the announcement made in the 2021 Budget Statement regarding an increase of taxes and import duty on certain private motor cars, namely certain smaller engine CNG, electric and hybrid cars, the new…
Payment of Compensation to Property Owners in the Construction of a new Terminal and associated Works at the A.N.R Robinson International Airport, Tobago
The Minister of Finance, the Honourable Colm Imbert, M.P., in conjunction with the Honourable Chief Secretary of the Tobago House of Assembly, Assemblyman Ancil Dennis, wishes to advise that approval has been granted for the payment of compensation to an additional twenty-four (24) property owners in Tobago, whose properties are being acquired for the construction…
Media Release: Acquisition of CL Marine Limited and its subsidiaries by the Government of the Republic of Trinidad and Tobago
The Government of the Republic of Trinidad and Tobago (“the Government”) has completed the acquisition of CL Marine Limited and its subsidiaries, a commercial drydocking facility located in the Western Coast of Chaguaramas, from CL Financial Limited – In Liquidation.
MEDIA RELEASE -ERRONEOUS AND MISLEADING EXPRESS ARTICLE ON THE 2021 BUDGET
The Minister of Finance, the Honourable Colm Imbert, M.P., has taken note of a grossly inaccurate article in today’s Trinidad Express headlined “Imbert – Brace for Covid-19 Budget”.
Media Release: THE WAIVER OF VAT AND OPT ON LAPTOPS, NOTEBOOKS AND TABLETS
The Honourable Colm Imbert, Minister of Finance, has taken note of information in the public domain regarding the waiver of taxes on computers and wishes to confirm that the required legal orders for the zero-rating for Value Added Tax (VAT) and the remission (waiver) of Online Purchase Tax (OPT) on laptop computers. VAT Order Waiver…
PRESS RELEASE – 2021 NATIONAL BUDGET
The Minister of Finance, the Honourable Colm Imbert M.P., wishes to advise that the 2021 National Budget will be presented in the House of Representatives on Monday 5th October, 2020.