Property Tax in Trinidad & Tobago

[sMASH]

Late o clock?
Haven't seen them for the longest while though.

[assassin]

Perfect example here

Source? Well outside of a fb ole talk page

Clarence said this in a speech Saturday I believe

[De Dragon]

JUHN Scarfy and Imbecilert really feel taxation to prosperity is a winning strategy

[drchaos]

Allu mad swimming in Caura river ... Doh mine all de fecal coliforms in the water ... Last time I was there I see a drunk man peeing upstream from where everybody was swimming.

[88sins]

meem go caura in over a decade, toll or no toll, meem go be affected.
between d urine, curry sauce, coconut oil, fecal matter & vomit, i got no idea why anybody would want to set foot in that water

[car]

meem go caura in over a decade, toll or no toll, meem go be affected.
between d urine, curry sauce, coconut oil, fecal matter & vomit, i got no idea why anybody would want to set foot in that water

Is the rum boy. The rum.
Caura is the outdoor rum shop.

[nemisis]

In the hospital , just got asked by nurse that filling out necessary mandatory forms things like medial history and more interestingly background to see if environment was reason for ailment. The exact questions are
1) renting or own
2) location
3) number of bed rooms.
4) flat or Highrise
5) number of occupants.
6) pipe born water and if you have any water tanks
7) indoor plumbing

Couldn't help but think didn't matter if I did or didn't send in the valuation forms they getting info one way or the other.,.,,

[88sins]

In the hospital , just got asked by nurse that filling out necessary mandatory forms things like medial history and more interestingly background to see if environment was reason for ailment. The exact questions are
1) renting or own
2) location
3) number of bed rooms.
4) flat or Highrise
5) number of occupants.
6) pipe born water and if you have any water tanks
7) indoor plumbing

Couldn't help but think didn't matter if I did or didn't send in the valuation forms they getting info one way or the other.,.,,

looking like somebody trying all kinda underhand tactics to collect info on ppl property boi.
Some of those questions could be medically relevant, but #1 definitely isn't & that raises a big red flag about the reasons for the rest of those questions.
I personally wasn't answering any of them.

[hydroep]

LOL @ indoor plumbing. Suppose is better than asking if "Yuh does still sh!t in latrine?"

Health inspector came onto the premises a couple years ago and asked questions like "How many bedrooms in your house?" which I found strange at the time. Not sure why she wanted the information but the frightening thing was that she had written the wrong address ...not the number of the house mind you but the Street...

Honestly don't have much faith that valuations will be done accurately...even if you submitted valuation forms.

[Redman]

The total lack of structure is such a pain to deal with.
Do they look at the asininity of dealing with those questions in a hospital under some type of unrelated duress?

[The_Honourable]

The Property Tax is needed at this time and it will benefit the public. Prime Minister Dr Keith Rowley, speaking at the 47th PNM Convention, says this country is probably the only country that does not collect the tax, which he says is law and his government had taken an oath to uphold the law.

He added those who are against the Property Tax are not telling the country the real reason why they are against it.

[88sins]

The Property Tax is needed at this time and it will benefit the public. Prime Minister Dr Keith Rowley, speaking at the 47th PNM Convention, says this country is probably the only country that does not collect the tax, which he says is law and his government had taken an oath to uphold the law.

He added those who are against the Property Tax are not telling the country the real reason why they are against it.

& you trust the word of a useless politician that has absolutely no issue with lying to the electorate?
Turks & Caicos, Cayman Islands, Dominica, Cook Islands, Fiji, Malta, Monaco, Seychelles, Sri Lanka, Dubai. Bahrain, Kuwait, Oman, Saudi Arabia & Croatia. They all have one thing in common. Their gov'ts don't try to extort money from hardworking homeowners.
Property tax is needed? By whom & for what? What benefit will homeowners receive from this?

I advise you, don't believe everything a person involved in poly-ticks have to say, they have a strange condition of becoming fatally ill if ever they speak the truth.
EDIT
& just because some conman opted to make something law, that doesn't automatically equate to it being just.

[Redman]

realistic comparisons.
Those countries made their tax regime changes 2014/15

Saudi for example produces 8 times the oil per person that we do.
They also have a cost of production that is anywhere between 30-50% of our cost.
So per person they profit more, on more barrels per person.

They simply have more to spend per person than we do.


We need to do several things
Accept that we in a unique situation today in 2017
Find solutions that will work in the specific way that we need.
Establish or renew the institutions that are taken for granted elsewhere so that we can efficiently and equitably move forward.

[boxy]

Aye stop talk sense boy men go try to Google information from another country to justify our current situation without taking into account a deficit budget that the country has become spoilt on over the years as opposed to a balanced budget from a Caribbean Island dependant on tourism without subsidized fuel utilities and services.
Or worse a country with a gdp 10 times ours and can simply put a rig anywhere on land and strike an oil reserve as opposed to paying tens of millions for deep sea exploration and drilling.

[EFFECTIC DESIGNS]

He added those who are against the Property Tax are not telling the country the real reason why they are against it.

Ooh really so I am against property tax simply because I know the government will use it to run racket and thief it, I will be paying property tax and my area will NOT be getting any benefit at all as it will go to PNM areas and Rowley lied about local government reform.

But somehow I not telling the real reason? what other fcking reason Rowley feel I am against property tax?

[hong kong phooey]

He added those who are against the Property Tax are not telling the country the real reason why they are against it.

Ooh really so I am against property tax simply because I know the government will use it to run racket and thief it, I will be paying property tax and my area will NOT be getting any benefit at all as it will go to PNM areas and Rowley lied about local government reform.

But somehow I not telling the real reason? what other fcking reason Rowley feel I am against property tax?

Zoom raider oh gosh man why you hack ED account and posting this
you making ED seem like he no longer red and ready

[88sins]

Or worse a country with a gdp 10 times ours and can simply put a rig anywhere on land and strike an oil reserve as opposed to paying tens of millions for deep sea exploration and drilling.

Just 2 things
1-If you feel the GoRTT pays for any drilling or testing, you're mistaken.
2-I see you noticed the Middle East nations comparisons, & mentioned their resources. Now explain to us, how is it that Dominica, Turks & Caicos, & the others without such resources make out without property taxes.

[boxy]

Massive tourist destinations that earn their USD via their tourism industry and they don't subsidize fuel electricity water universities hospitals medication busses inter Island ferries air bridge the list goes on and on about how dependent and spoilt we have become on the government over the years that we don't realise that it is a gift to be living in such a resource rich state. The country that has given us so much literally needs its citizens to give back a little in order to stay afloat and we cuss and cry and kick and scream because our mammy take away our bottle. I hate taxes especially the property tax just as much as anyone else but I see the bigger picture. If we were to say given the option not pay this tax and have to choose between that and no rubbish truck passing on morning no cepep cutting the grass around your area no fire service and no police because we rather not pay which would u choose?

The government in the long run pays for these explorations and deep sea drilling if u think these oil corps don't work out those charges when they pay royalties u must be joking

[Dizzy28]

Massive tourist destinations that earn their USD via their tourism industry and they don't subsidize fuel electricity water universities hospitals medication busses inter Island ferries air bridge the list goes on and on about how dependent and spoilt we have become on the government over the years that we don't realise that it is a gift to be living in such a resource rich state. The country that has given us so much literally needs its citizens to give back a little in order to stay afloat and we cuss and cry and kick and scream because our mammy take away our bottle. I hate taxes especially the property tax just as much as anyone else but I see the bigger picture. If we were to say given the option not pay this tax and have to choose between that and no rubbish truck passing on morning no cepep cutting the grass around your area no fire service and no police because we rather not pay which would u choose?

Ill gladly give up the CEPEP!!

[Redman]

if the Govt didn't borrow but dropped the govt expenditure to match the revenue generated...what kinda noise would be made?

It eh the tax that people fighting ...it's the accountability.
The RA is relevant only to those that have cocoa in the sun.

On one hand Duke complains about the PS being understaffed...but is worried about job losses when the govt is saying the INCREASING their enforcement drive?

This is like the anti VAT protest that killed the NAR.
Yet no one repealed it.

We need a tight regulatory system...we need all to pay what is due.

[drchaos]

That new Revenue Authority is and old system under a new name ... The sole point of it is to scare people into paying taxes.
It will most like carry the same powers of the old BIR.

[88sins]

It eh the tax that people fighting ...it's the accountability.

like this is one aspect of it that he cannot understand. the people that will be paying property tax are not gonna benefit from the expense.

couple that with the fact that there are no exemptions, only deferrals & those will be difficult to come by, so people living on limited incomes such as the elderly or infirm that aren't capable of earning an income will HAVE to pay it, whether they can afford it or not, or risk losing their home.

boxy, you have any idea what it is to slave & build a house, & when you get old or fall ill or both & can't pay a tax you not benefitting from you run the very real risk of losing that house you suffered yourself to build. That seems right or fair or just to you?

[Redman]

Probably just as bad as those who are pushed out of the market because of the insatiable demand from laundering its impact on prices
Or the cost to us in the common practice of land deals in place of cash bribes and the total impunity that it happens with.
Or the failure of law enforcement to be able to use the main nexus point in all crime MONEY as a way to attach tax liability and un declared funds

All the jurisdictions that you mention are very well ahead of us in these matters.
And having an opaque system that was obsolete in the 80s managing the single largest asset class in the country cant be beneficial to any honest person.
You see you cant get a charge of tax evasion -if there isnt a transaction that you evaded taxes on.

I dont care what the tax rate is-it could be .000000000000000000000000000000000001% of the ARV less 50% and after maintenance fees-no questions asked.


What I am in support of is the REGISTRATION of beneficial ownership of ALL real estate.
-The capturing of ALL the transfer taxes due that are evaded because of fraudulent PSA officers-EMBD HDC Et al are all dysfunctional drains on the treasury.
-The ability of law enforcement to use 2017 tools to fight 2017 crime.
-Transparency brings investment and makes us competitive.

reducing the Systemic upgrades to hypothetical emotional secular interest will keep us exactly where we are today.

Maybe thats the goal.

[88sins]

They want Property tax? No problem
Put things in place so the regional corps can collect & utilize it for the upkeep & maintenance of the area it was collected from, & let the regional corps be held accountable to central gov't for all tax revenues collected & expenditure from said revenues & audited to verify income & expenditure.


But nah, easier to dump everything in the consolidated fund for easy access for a moron bureaucrat to pilfer 2/3 of it & piss away the rest by spending it on useless state projects that benefit very few, & all the while keep applying more & more pressure to the entire population.

[The_Honourable]

Well sheeeet... $500 to $5000 penalty

Revamped Property Tax proposals from Govt

Is Property Tax looming for properties used for religious, educational and charitable purposes?

The areas—so far exempt from the tax—are spotlighted in new proposed Property Tax legislation laid last Friday.

New Property Tax proposals, plus new proposals concerning the Valuation of Land (VOL) act, were part of a supplemental package laid in Parliament.

The proposals concerning the VOL involve a revamped Valuation Return form, seeking expanded details about properties.

As Government sought to implement the Property Tax last year, media reports had noted the Property Tax Act exempted properties such as churches/places of worship, school compounds/playgrounds, property used for charitable/philanthropic work, land occupied by state enterprises, public hospital facilities and university/tertiary education facilities.

In May 2017, Finance Minister Colm Imbert was quoted as saying churches and schools were exempted from the tax, but Government had no plans to tinker with the law to include “wealthy churches,” since it simply wanted to implement the law then.

New Property Tax proposals circulated in Parliament last week, however, stated, “Clause 6 seeks to amend section 16 of the Property Tax Act, to remove from the list of places exempt from taxes a repletion that occurs in paragraph (c) which already appears in paragraphs (a) and (b) ‘lands attached to, or otherwise actually used in connection with and for the purposes of a place of learning maintained for educational, philanthropic or religious purposes, the whole profits from which are devoted or applied to such purposes’.”

Imbert and Minister in the Finance Ministry Allyson West didn’t respond to emails seeking clarification on Clause 6 and the prospects for property used by churches, schools and charitable work from the T&T Guardian yesterday.

Under other new Property Tax proposals, reference to “an incorporated charitable institution” will be deleted and replaced with “a charity exempted from Corporation Tax under the Corporation Tax Act.” Properties being exempted from the tax include lands belonging to/in occupation of a Statutory Authority or state enterprise.

The proposals list approximately 80 state entities—from Wasa and TTEC to municipal corporations—to be exempted from property tax.

Under proposals, objection to an assessment of the tax must be filed within 21 days after receipt of the notice of assessment, rather than after the tax becomes due and payable. Someone who has objected to their assessment and is dissatisfied with the decision is entitled to appeal to the Tax Appeal Board.

Proposals specify how valuation assessments will be done for town houses, condominiums and multi-owner commercial accommodations. Proposals regarding the Valuation of Lands (VOL) Act include a new Valuation Return form.

Last year, Government issued a form for property owners to submit. The Opposition challenged the format and the courts ruled it could be submitted voluntarily but wasn’t mandatory.

The proposed new form appears more structured than the last form.

Details being sought include which municipal corporation area a property is located in, whether it was bought in the last 24 months, the purchase price, whether any tenants’ rent include water/TTEC rates, cable/Internet, security/service charges. The proposed form also seeks details on commercial/industrial building rentals.

The VOL proposals also seek to increase the penalty for failure to file return forms from $500 to $5,000.

Another section involves how valuation would be conducted for town houses, condominiums and multiple-owner commercial units.

The proposals are expected to require a simple majority—Government—votes for passage rather than Opposition support. Debate is expected between this month and next month.

MORE INFO

The proposed Valuation of Land bill allows the Commissioner of Lands to notify the Finance Minister once the Commissioner is of the view that more than 50 per cent of all lands in Trinidad and Tobago have been valued and the Minister would then declare that the valuations are in effect.

The Commissioner will also be able to revalue land where he believes it is overvalued or under-valued.

Other aspects concern appeals, speedy attention to this plus establishment of a Valuation Tribunal to hear objection and how this functions.

Source: http://www.guardian.co.tt/news/2018-02- ... osals-govt

[sMASH]

while a morning talk show talked about how a man called the prime minster a jack arse, this flew in under the radar...

[De Dragon]

while a morning talk show talked about how a man called the prime minster a jack arse, this flew in under the radar...

Why is this news?

[zoom rader]

while a morning talk show talked about how a man called the prime minster a jack arse, this flew in under the radar...

Why is this news?

I just call him the PNM prime minister and that sums up those that vote for him

[janfar]

That's how the news works in Trinidad Kemo Sabe.

[shake d livin wake d dead]

So on the real topic of property taxes....they waiting to serve it without grease?