Property Tax in Trinidad & Tobago

[sMASH]

doubles lives matter!

[Rayden6]

5k waiting for them but court says it was illegal what the do.

[solarkh]

Anyone got their 5k fine yet, or we ent cater?

[RedVEVO]

Anybody NOT file the BIR Valuation papers and get lock up ?

[hover11]

GOVERNMENT HAS RECEIVED THE OVER 200,000 VALUATION FORMS NEEDED TO TRIGGER THE PROPERTY TAX COLLECTION.

Prime Minister Dr Keith Rowley says his government is not going to ask citizens to pay a huge amount of property tax “to break your back”.

In an interview with the Express last week on a wide range of issues, the Prime Minister was asked whether the Ministry of Finance had reached the 50 per cent threshold to commence the implementation of property tax.

He responded: “Two hundred thousand returns had to be had and we have that. We now have to value the properties and then the tax could kick in at that stage.”

Told that property tax is another hit on the taxpayer, the Prime Minister said the bottom line was what could be done to improve people’s lives in their communities. He asked rhetorically what changes take place during the three-year period that local government elections are held.

https://trinidadexpress.com/news/local/ ... 5.amp.html

[hover11]

Trinis just have mouth yes

[Redman]

It would be interesting to see the geographic distribution of the returns submitted.

[zoom rader]

Injuns will be hit the hardest tax.

You all think laventill and Beetham or any red government hoods going to pay up . If they do its going to be the lowest

[adnj]

*rubbing palms together slowly*

[timelapse]

Allyuh remember my words clearly.
Government is deliberately collapsing the economy so that people cannot afford their property taxes.That clause to seize property is there for a reason.
Property gets bought up by 1%.
Turn T&T back to the plantation massa mentality.
You have been warned

[ProtonPowder]

It would be interesting to see the geographic distribution of the returns submitted.

this is your answer

[The_Honourable]

No timeline for property tax implementation

The Government currently has no definitive timeline for the implementation of property tax.

This from Minister in the Ministry of Finance, Brian Manning who told Guardian Media even when legislation is passed for local government reform, corporations will be funded by the Central Government.

The ruling People’s National Movement (PNM) has signaled their intention to pass the Miscellaneous Provisions (Local Government Reform) Bill 2020 by a simple majority, bypassing the need for Opposition support.

Speaking in Parliament last Friday, Manning said property tax implementation was critical to local government reform. At the time, he blasted the Opposition United National Congress (UNC), saying they were trying to block local government reform.

“They know full well that Local government has to be funded by property taxes and that is why they have been going to great lengths from the very beginning to obstruct both, both local government reform and also the implementation of reasonable and sensible property taxes. It would be virtually impossible to effectively finance local bodies and grant them the autonomy that they deserve without the implementation of property taxes,” Manning said on Friday.

However, when asked yesterday about the timeline for implementation of property taxes, Manning responded, “Not to date.”

Asked about whether the Government would consider delaying the implementation, given complaints by citizens about the high cost of living, Manning said, “You cannot delay what is yet to be decided. There is no definite timetable for the implementation of property taxes.”

When he was asked whether the non-implementation would put the Government in a precarious position with their plan to implement local government reform, Manning said, “Local govt reform is a gradual process and will not happen overnight even with the passage of legislation. Implementation will be a gradual process and of course, the well-being of the national community will always be first.”

He said local government bodies will continue to be funded by the Central Government and various “other sources” that currently exist.

Source: https://www.guardian.co.tt/news/no-time ... eadc30e712

[Rayden6]

Cause they never got the 200k submissions

[timelapse]

I wonder how soon Imbert will exempt himself from paying taxes for Trincity mall

[88sins]

I wonder how soon Imbert will exempt himself from paying taxes for Trincity mall

sooner than you think
pretty sure they gonna rent out sections of it to gov't ministries

[VexXx Dogg]

Middle class shrinking, and not in a good way.

[zoom rader]

Middle class shrinking, and not in a good way.

Heavy migration coming from mostly injun folk.

[hover11]

Middle class shrinking, and not in a good way.

Heavy migration coming from mostly injun folk.

Red Government ppl in they glee

[zoom rader]

Middle class shrinking, and not in a good way.

Heavy migration coming from mostly injun folk.

Red Government ppl in they glee

Maybe so, but for those that migrated its only up for them and an improvement on Standard of living . Even Afro Trinis that migrated live a better life especially those that go to DC or Maryland.

[The_Honourable]

Government has reached and surpassed the 50% threshold required for the implementation of the Property Tax.

Speaking in the Lower House on Friday, Finance Minister Colm Imbert says the numbers of returns received by the Office of the Commissioner of Valuations for residential properties reached almost 250,000.

[VexXx Dogg]

guava jam

[Ripe Chenette]

With the way dis country going they should pay citizens for choosing to stay here.

[shake d livin wake d dead]

So the question now is......when it starting?‽?

[De Dragon]

So the question now is......when it starting?‽?

Depends on how badly Liver Spots Impsy need money for projects

[computercentral]

Well well I starting with a 15k payment I guess towards the fund didn’t full out anything

[PariaMan]

So if it start now households will be paying but not businesses

But businesses using same resources as households

So households will be subsidizing businesses

Imbert really know how to see about himself

[hover11]

So if it start now households will be paying but not businesses

But businesses using same resources as households

So households will be subsidizing businesses

Imbert really know how to see about himself

Yet yall gonna put him back there in 2025, politicians see about financiers first and rest of the population last

[hover11]

Sorry for the ppl that renting their rent just increased without them knowing it

[The_Honourable]

Imbert: Property Tax to be implemented before Dec 31

Finance Minister Colm Imbert has confirmed that citizens can expect Property Tax to be implemented before December 31, 2022.

“Barring unforeseen circumstances, the implementation of property tax is expected to commence in calendar year 2022,” was Minister Imbert’s initial response to Couva South MP Rudranath Indarsingh's question on when citizens can expect the exercise.

However when further pressed by his colleague Barataria/ San Juan MP Saddam Hosein in the Parliament this afternoon as to “which month in calendar 2022 that Government intends to implement the property tax,” Minister Imbert noted:

“Before the 31st of December 2022.”

Asked whether Government was giving any consideration to persons who did not submit their forms to waive the $5000 fine, Minister Imbert noted that there was ‘relevant information’ in the public domain, “whether the State can waive the fine or not.”
Asked whether the tax would be implemented in both residential and commercial properties, Minister Imbert noted:

“At this stage, it’s residential which is consistent with the Government’s policy to put Regional Corporations in funds because the Local Government reform packet before the Parliament makes it crystal clear that upon approval of that legislation by the Parliament, the collection and retention of residential property tax will be for the account of Regional Corporations- part of our reform process.”

Source: https://tt.loopnews.com/content/imbert- ... ted-dec-31

[gastly369]

So if it start now households will be paying but not businesses

But businesses using same resources as households

So households will be subsidizing businesses

Imbert really know how to see about himself

Yet yall gonna put him back there in 2025, politicians see about financiers first and rest of the population last

Bring it on yes.... Ready to see everything burn right about now