The PriceSmart Decision – A Small Step for Jurisprudence, a Giant Leap for Jurist-Practice

1st December, 2019

In a recent decision of Justice R. Rahim, PriceSmart Clubs (TT) Ltd and The Board of Inland Revenue CV2019-01898 (the “PriceSmart Decision”), the Court held,...

Read More

Trinidad and Tobago Tax Amnesty 2019

30th June, 2019

The Miscellaneous Provisions (Tax Amnesty, Pensions, Freedom Of Information, National Insurance, Central Bank, Companies And Non-Profit Organisations) Bill, 2019 was assented to on 25th June...

Read More

Jurisdiction and Judicial Review in Caribbean Tax Jurisprudence

17th November, 2018

Background In JAVC Limited v. the Board of Inland Revenue (“JAVC Limited”), the issue for the Tax Appeal Board (the "Board") was whether it had...

Read More

T&T Budget 2019: “Turnaround”

2nd October, 2018

On October 1, 2018, Trinidad and Tobago's Minister of Finance released his Budget Document entitled "Turnaround". The following is a summary of the key proposed...

Read More

Bauhuis Coating International Limited v The Board of Inland Revenue

8th August, 2018

Background Construction projects can be very expensive. Moreover, they often involve a number of specialist technical service providers, some of whom may not be resident...

Read More

Res Judicata in Tax Matters

15th March, 2018

Issue It is not uncommon for taxpayers to make decisions to treat with certain items of income and / or expense in a manner that...

Read More

Recent Tax Case: C. Limited (No. 2) v The Board of Inland Revenue

16th November, 2017

It is the bane of every taxpayer, and every tax professional who represents taxpayers, to receive the following reason in an "Explanation of (Audit) Adjustments"...

Read More

T&T Budget 2017: Changing the Paradigm

2nd October, 2017

On October 2, 2017, Trinidad and Tobago's Minister of Finance released his Budget Document entitled "Changing the Paradigm". The following is a summary of the...

Read More

Barbados’ Budget 2017 – More Taxes…

3rd June, 2017

Barbados' Minister of Finance, the Rt. Hon. Christopher Sinckler, presented the 2017 Budgetary proposals on Tuesday 30 May 2017.  The proposals were centered around objectives...

Read More

Recent Tax Case: C.G. v. The Board of Inland Revenue

15th December, 2016

  Obtaining an Order for Summary Judgement in Tax Appeal Cases   Background A summary judgement is a judgement entered by a court for one...

Read More

Avoiding interest on quarterly taxes in Trinidad and Tobago

13th December, 2016

In Trinidad and Tobago, interest may be avoided by a company on the payment of quarterly taxes should the required amounts be paid to the...

Read More

T&T’s 2016 Budget – A Blueprint for Transformation and Growth?

30th September, 2016

On September 30, 2016, the Minister of Finance released his Budget Document optimistically entitled "Shaping a Brighter Future - A Blueprint for Transformation and Growth"....

Read More

Trinidad and Tobago signs IGA on FATCA with the United States of America

23rd August, 2016

On 19th August 2016 Trinidad and Tobago's Honourable Finance Minister Colm Imbert signed a Model 1 Inter-Governmental Agreement (IGA) with the United States of America....

Read More

One More Barbados Tax Amnesty – Update

23rd September, 2016

During the 2016/2017 Barbados Financial Statements and Budgetary Proposals, the Minister of Finance proposed that the Government would again offer a tax amnesty which would run...

Read More

Case comparison and analysis: A Ltd. v The Board of Inland Revenue and SG Inc. v The Board of Inland Revenue

1st August, 2016

Issue Can taxpayers submit an amended tax return to the Board of Inland Revenue (the “Revenue”)? If so, what are the conditions to be met...

Read More

Another Trinidad & Tobago Tax Amnesty

5th July, 2016

The Finance (No. 2) Bill, 2016 was brought before Trinidad and Tobago's Parliament on Friday July 1, 2016 and was assented to on July 20th, 2016...

Read More

C Limited v The Board of Inland Revenue – Doubtful Debts are Deductible

15th March, 2016

For the first time in Trinidad and Tobago (and in the Commonwealth Caribbean), the Tax Appeal Board of Trinidad and Tobago permitted a taxpayer to...

Read More

Tax Planning for Charities – An Oxymoron?

11th March, 2016

I know what you are thinking. Charities do not pay tax and therefore do not need to tax plan. Am I right? If I am...

Read More

Payments to Non-Residents, Legal Minefields, the Management Charge Restriction, and Canons of Statutory Interpretation.

7th March, 2016

Given the current backlog of cases at the Tax Appeal Board, the length of time it takes for decisions to be issued, the even greater...

Read More