Scarborough, Tobago – October 16, 2024 – The rollout of the newly established Revenue Authority of Trinidad and Tobago (TTRA) is presenting challenges regarding tax collection in Tobago from Customs and Excise. According to the THA Act of 1996, all taxes should be collected by the Tobago House of Assembly. However, Finance Minister Colm Imbert noted that the revenue authority has not yet determined a mechanism for this to occur, as the THA’s finances were discussed at Parliament’s Standing Finance Committee for fiscal 2025. This issue highlights the ongoing complexity of governance and revenue sharing between the central government and the Tobago House of Assembly.
Discussion