Report on Trinidad and Tobago’s Voluntary Tax Compliance Programme (2019)

On 25 June 2019, the Parliament of the Republic of Trinidad and Tobago enacted the “Miscellaneous Provisions) Act No. 13 of 2019”, wherein Section 2 provides for tax amnesty concerning any tax payable under specific revenue laws for the period 15 June 2019 – 15 September 2019. 

The CFATF reviewed the compliance of the tax amnesty programme with its Voluntary Tax Compliance (VTC) Procedures of 2014, to verify it does not impede the effective implementation of AML/CFT measures and that Trinidad and Tobago address and mitigate the ML/TF risks of the programme.

The CFATF concluded that Trinidad and Tobago complies with all the requirements and approved the “Report on Trinidad and Tobago’s Voluntary Tax Compliance Programme” at its 50th Plenary Meeting held in Antigua and Barbuda from 24 to 29 November 2019.

Access the report by click here.