Statement by the Honourable Davendranath Tancoo, Minister of Finance on the Finance Bill, 2026 in the HOR – 06.10.26
Excerpt: “The Finance Bill, 2026, is part of the work of keeping promises and making people’s lives better. It is where policy begins to take shape as law.It is where fairness is given structure, where responsibility is recognised, and where the machinery of the State is adjusted to serve citizens better.Mister Speaker, the Opposition has […]
Media Release: United Nation Security Council (UNSC) Seat a “Momentous Achievement”
Excerpt: “This achievement could not have occurred at a more opportune time. It comes on the heels of Trinidadand Tobago being removed from the EU list of non-compliant tax jurisdictions and amounts to furthertestament of our global strength,” the Finance Minister said. “It was a personal mission of the Prime Minister to secure our appointment […]
Media Release: IMF Report Signals Renewed Confidence and Positive Economic Trajectory for Trinidad and Tobago
Excerpt: “The Honourable Davendranath Tancoo, MP, Minister of Finance, has welcomed the successful conclusion of the 2026 Article IV Consultation by the Executive Board of the International Monetary Fund (IMF). Minister Tancoo noted that the assessment provides a crucial signal of renewed international confidence in Trinidad and Tobago’s economy, coming just over one year after […]
Media Release: TT$5 Million in Marijuana Seized by The Customs and Excise Division
On Sunday 17th May 2026, the Customs and Excise Division successfully intercepted a passenger attempting to smuggle Marijuana into Trinidad and Tobago through the Piarco International Airport. During routine passenger clearance operations, Customs Officers at the airport referred a 22-year-old British national to the Red Line for further examination of their luggage. During the examination, […]
Public Notice: Assistance for Taxpayers to Access e-tax Services
The Board of Inland Revenue (BIR) wishes to remind ALL TAXPAYERS that the Inland Revenue Division continues to expand its online (e-Tax) services for the filing of tax returns and access to taxpayer accounts. Visit the Inland Revenue Division website for related News at https://www.ird.gov.tt/news
PUBLIC ADVISORY: FRAUDULENT Email MESSAGES ALERT
It has come to the attention of the Board of Inland Revenue (BIR) that fraudulent email messages are being circulated. These email messages falsely indicate that a balance is reflected on your account suggesting a refund is due. The email messages may include a reference code, and a link directing recipients to a malicious website […]
Financial Intelligence Unit of Trinidad and Tobago (FIUTT) 2025 Annual Report
During this reporting period, the FIUTT’s strategic priorities were further actualized, with the approval of the Ministry of Finance
Media Release: Customs and Excise Division Seizes Marijuana Shipment at Port of Spain
Excerpt: “Following a swift response from the Preventive Branch, Officers conducted a detailed examination of a shipment presented for clearance. The inspection revealed four (4) packages containing a green plant-like material concealed within the cargo. Field testing confirmed the substance as cannabis, with an estimated street value of $424,490.00. One individual was arrested and formally […]
Statement by the Honourable Davendranath Tancoo, MP., Minister of Finance on the Removal of Trinidad and Tobago from the European Union list of non-cooperative jurisdictions for tax purposes
Mr. President, the removal of Trinidad and Tobago from the EU’s list signals renewed confidence in our financial governance framework.It strengthens our standing with international investors and trading partners.It improves our ability to access capital and to engage with global markets without stigma or suspicion.It also enhances our reputation as a responsible and compliant member […]
Media Release: Inland Revenue Division (IRD) Announces Mandatory Online Filing for Amusement Gaming Tax Returns
The Ministry of Finance (MOF), Inland Revenue Division (IRD), wishes to inform all Liquor Licence Holders of significant changes to the filing process for Amusement Gaming Tax Returns. Effective April 1st, 2026, the IRD will be transitioning to a fully digital filing system for Amusement Gaming Tax.Please note the following changes: