Since the case of PriceSmart v the Board of Inland Revenue (“PriceSmart”) confirmed the High Court’s jurisdiction to adjudicate issues of tax administration, taxpayers have...

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,...

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...

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...

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...

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...

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

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"...

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...

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...

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

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...

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

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....

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...

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...

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...

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...

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...

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...