WebThe Inland Revenue is a Division of the Ministry of Finance and serves as the principal tax collecting agency in Trinidad and Tobago. The organisation is managed by a Board of five (5) Commissioners, one of whom is appointed as Chairman. ... Green Fund Levy; Health Surcharge; Hotel Accommodation Tax; ... Act 12 of 1950; Income Tax Act Chap. 75: ... WebDec 3, 2024 · Dividends received by a Trinidad and Tobago company from both domestic subsidiaries and other domestic corporations are exempt from corporation tax and business levy but are subject to green fund levy. Stock dividends. A Trinidad and Tobago corporation can distribute a dividend of common stock (bonus issue) proportionately to …
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Webof the Act, the Airports Authority of Trinidad and Tobago, in its capacity as a Tax Authority under the Miscellaneous Taxes Act, is allowed to retain— ... Green Fund Levy. 62A. References to taxes and interest. 63. Refunds. 64. Purposes of Fund. 65. Establishment … Webcarrying on business in Trinidad and Tobago whether or not such business is exempt from Business Levy. This rate of the Green Fund Levy tax is 0.3% of gross receipts/sales. … inceptive agencement
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WebThe actual balance of the Green Fund, reported in the Auditor General’s report at September 30, 2024, stood at approximately $7.6 billion, up from $6.946 at the same point in 2024. The executing unit told Sunday Newsday that, to date, some 29 projects have been certified by the respective minister responsible for the environment, at an ... WebGreen Fund Levy. The green fund levy is charged at a rate of 0.3% on gross sales or receipts of all companies and partnerships carrying on business within T&T, whether or … WebDec 3, 2024 · Payment of tax. Corporation tax, business levy, and green fund levy are payable quarterly in advance on 31 March, 30 June, 30 September, and 31 December. … inceptiv hermosa beach