Business

$15 Billion owed to BIR

Port of Spain, Trinidad & Tobago – Over 15 billion dollars is owed to the Board of Inland Revenue (BIR) by several businesses across Trinidad and Tobago. Prominent figures such as Derek Chin, owner of MovieTowne, and Anthony “Chinese Laundry” Chow Lin On, owner of the T&T Radio Network (TTRN), are among those who owe the BIR millions in outstanding taxes.

As a direct consequence of these significant tax debts, the state has proceeded to garnish Lin On’s various radio stations, including 96.1 W FM, 107.7 Music for Life, and Star 94.7. This action highlights the government’s efforts to recover substantial tax arrears from large commercial entities.

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