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Trinidad and Tobago: VAT measures in new legislation

Trinidad and Tobago: VAT measures in new legislation

Legislation—the “Miscellaneous Provisions (Heritage and Stabilisation Fund, Government Savings Bonds and Value Added Tax), Act 2020”—provides rules concerning withdrawals from the fund and government savings bonds.

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The law also allows the settlement of any liability to allow for value added tax (VAT) refunds and to make payments in any form, including the issuance of bonds under the VAT law.

Read a March 2020 report [PDF 591 KB] prepared by the KPMG member firm in Trinidad and Tobago

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