Taxation Archives - M. Hamel-Smith & Co.
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Taxation

09 Jan
Withholding Tax in Cross-Border Contracts

The incidence of cross-border services and transactions has increased exponentially particularly over the past century.  It is now quite commonplace for businesses and individuals who are resident within Trinidad and Tobago (‘T&T’) to transact business with entities that...

10 Oct
Property Tax: What to Know

At the 2022 Budget Presentation, the Honourable Minister of Finance, Mr. Colm Imbert, reiterated the Government of Trinidad and Tobago’s intent to proceed with the collection of Property Tax in Trinidad and Tobago.  At the presentation, Mr. Imbert...

06 Oct
Covid-19 and the tax residency implications of running a business remotely
The COVID-19 pandemic has forced the implementation of unprecedented governmental measures which are aimed at preserving the health and safety of the public.  One of the more significant and prolonged measures has been a restriction on international travel. This restriction has left employees stranded in countries other than their normal country of work, while triggering increased reliance on virtual meetings and remote work, as operations shift to innovative methods of conducting business. These shifts may indirectly have unforeseen implications on both individuals and companies from a tax residency perspective.
07 Apr
VAT Refunds: What to Expect?
First Published: April 7, 2020 - Updated: June 1, 2020The novel Coronavirus COVID-19 (‘COVID-19’) pandemic continues to ravage countries across the globe and has even been cited as being the worst crisis since World War II.