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Port of Spain Office
We advise commencing from 15th June 2019 to 15th September 2019 a Tax Amnesty was implemented by the Board of Inland Revenue.
The following points were included as part of the Bill:
  • Interest on any outstanding tax due and payable for years up to and including the year ended 31st December 2018.
  • Outstanding interest charged on any tax due and payable for the years up to and including the year ending 31st December 2018.
  • All other penalties due and payable on or in respect of any outstanding tax or interest for the years up to and including the year ending 31st December 2018.
  • All penalties on outstanding returns for the years up to and including the year ended 31st December 2018.
  • All other penalties with respect to any return for the years up to and including the year ending 31st December 2018 and filed prior to 15th June 2019.