Tax Laws, some insight please

TheOne · Postby **TheOne** » August 18th, 2011, 1:17 pm

What are the Tax laws of Trinidad and Tobago regarding:

Your not working in Trinidad, your not being paid out of Trinidad but your salary comes into a Trinidad bank account.

Are you still required to pay taxes?

Any info will be greatly appreciated.

Postby **pete** » August 18th, 2011, 1:55 pm

Are you paying taxes in the country you're working in?

Dizzy28 · Postby **Dizzy28** » August 18th, 2011, 2:06 pm

We have some double taxation treaties which ensures you do not pay taxes twice. However you either pay taxes in one country or the other. It depends on which foreign country you talking about though.

drunkenscorpion · Postby **drunkenscorpion** » August 18th, 2011, 2:12 pm

Correct, it all depends on if you are already paying taxes in the country you are working in.

TheOne · Postby **TheOne** » August 18th, 2011, 2:28 pm

Ok good, just as I suspected...I appreciate the advice.. Thanks dudes....

TheOne · Postby **TheOne** » August 18th, 2011, 2:32 pm

I was given an uplift in my day rate so necessary taxes abroad would not affect my actual rate, so I guess I am all clear in Trinidad.. woopie doo!

ronsin1 · Postby **ronsin1** » August 18th, 2011, 3:01 pm

Tax questions again

Dutty_S · Postby **Dutty_S** » September 15th, 2011, 12:24 pm

so here this.

other than going to a tax lawyer/accountant, how could one find out if he has to pay taxes ?

anyone has any sort of documentation they willing to share/advice ? (can pm meh the .doc if u do...or post link here)

for example, according to the double taxation treaty between the US and TT if you pay taxes in US, you don't pay here, but what about for other countries, like if i working Angola or in the Caspian?

xr8id1968 · Postby **xr8id1968** » September 15th, 2011, 1:07 pm

Dutty_S wrote:so here this.

other than going to a tax lawyer/accountant, how could one find out if he has to pay taxes ?

anyone has any sort of documentation they willing to share/advice ? (can pm meh the .doc if u do...or post link here)

for example, according to the double taxation treaty between the US and TT if you pay taxes in US, you don't pay here, but what about for other countries, like if i working Angola or in the Caspian?

Go to the Board of Inland Revenue Website at www.ird.gov.tt. Under the section Document Centre, you will find the T&T Tax Legislation as well as all the Double Taxation Treaties.

5onDfloor · Postby **5onDfloor** » September 15th, 2011, 1:28 pm

Dizzy28 wrote:We have some double taxation treaties which ensures you do not pay taxes twice. However you either pay taxes in one country or the other. It depends on which foreign country you talking about though.

THIS is CORRECT!

Country_Bookie · Postby **Country_Bookie** » September 15th, 2011, 4:37 pm

TheOne wrote:I was given an uplift in my day rate so necessary taxes abroad would not affect my actual rate, so I guess I am all clear in Trinidad.. woopie doo!

Could you explain this? Do u mean that ur already paying taxes abroad in a jurisdiction with which we have a double taxation treaty?

Skanky · Postby **Skanky** » September 15th, 2011, 6:02 pm

TheOne wrote:What are the Tax laws of Trinidad and Tobago regarding:

Your not working in Trinidad, your not being paid out of Trinidad but your salary comes into a Trinidad bank account.

Are you still required to pay taxes?

Any info will be greatly appreciated.

Hear what T when you get back check me and we will head down IRD and talk to somebody.My situation slightly different to yours as you know but I just doh want to end up breaking the law and claim ignorance,prefer to do the right thing from the onset.