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Trinidad And Tobago To Implement Property Tax

by Mike Godfrey, Tax-News.com, Washington

29 March 2017


Trinidad and Tobago is to begin assessing taxpayers' liability to its new property tax.

The territory said it will shortly issue assessments to owners and occupiers of properties.

Finance Minister Colm Imbert told a press conference that the tax will be charged at three percent of 90 percent of the annual rental value of a property.

He said it would take at least 12 months for each property to be recorded.

Further information on the tax will be published over the coming months.

TAGS: Finance | tax | property tax | Trinidad and Tobago | Tax

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