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Trinidad And Tobago Urged To U-Turn On VAT Policy

by Mike Godfrey, Tax-News.com, Washington

21 January 2016


The Chaguanas Chamber of Industry and Commerce has voiced concerns about the Government of Trinidad and Tobago's decision to levy value-added tax (VAT) on books and computers.

In a statement on January 19, the Chamber said that levying VAT on these items will negatively impact literacy – including computer literacy – among islanders.

It said: "The imposition of VAT on a wide variety of books, with limited exceptions, sends a message to the public that reading and literacy have a price and it is now a very high price which only the very wealthy will be able to afford. This cannot be the way forward in a society where low levels of literacy can be cited as contributing factors in crime, poverty, and social mobility."

"To return the VAT to computers and other similar-type equipment during an era when easy access to computer technology is a must in order to keep the country globally relevant and literate is a giant step backwards for our people."

TAGS: VAT rates | tax | value added tax (VAT) | Trinidad and Tobago | offshore | services | VAT goods & services classification | Communications

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