Trinidad and Tobago

Corporate - Significant developments

Last reviewed - 31 January 2025

Value Added Tax (VAT) Act

The VAT Act was recently amended to provide for the following:

Sporting equipment

Effective 1 January 2025, specific sporting equipment is exempt from duties and taxes.

Electric vehicle (EV) charging equipment and parts

Effective 1 January 2025, EV charging equipment and related accessories are exempt from duties and taxes.