Trinidad & Tobago

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Recent forays into the international bond market have underscored investor support for Trinidad and Tobago’s economy, though accelerated borrowing has raised some concerns over rising debt levels.

State initiatives to boost Trinidad and Tobago’s maritime services and logistics sectors are expected to broaden the country’s economic base and boost government coffers.

 

Income tax in Trinidad and Tobago is payable for each year of income on all income accruing in or derived from T&T, regardless of whether the individual is resident or not. The year of income is the calendar year and is the basis period for all sources of income except profits from trade, business, profession or vocation, in which case it...

 

Trinidad and Tobago has been severely affected by the drop in oil and gas prices, as well as a decline in production of both commodities. Although the tax incentives provided to energy projects in recent years are expected to bring about significant economic returns in the near future, these have led to minimal taxes collected from oil...

Articles & Analysis | Trinidad & Tobago in figures: from The Report: Trinidad & Tobago 2016

 

The recent collapse in global commodity prices, in particular oil and natural gas, has caused significant challenges to Trinidad and Tobago as a resource-based economy. As a result we are now forced to undertake a major re-evaluation of our economic priorities in light of the new energy paradigm. The government of T&T has signalled its...

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