Investor Presentaiton
Corporation Tax
measure
K
Overview of measure
The following housing incentives are currently available:
1.
2.
3.
Exemption from income tax on gains or profits derived from the initial sale of a residential house site,
being part of a land development project, provided the owner of the land produces a certificate from the
Minister with responsibility for housing in support of the claim for exemption.
Exemption from income tax until 31 December 2025 with respect to premiums and rents derived from the
letting of a newly-constructed commercial building or multi-storey car park, the construction of which
commenced on or after 1 October 2012.
Exemption from income tax until 31 December 2025 with respect to gains or profits from the initial sale of
a newly-constructed commercial building or multi-storey car park, the construction of which commenced
on or after 1 October 2012.
4.
First time homeowner allowance up to 25,000.
5.
Waiver of stamp duty of up to TT$1.5m (now proposed to be increased to TT $2m) for first time
homeowners.
What's Inside
2 Click to Navigate
Territory Leader's message
Tax Leader's thoughts
Budget overview
Budget fundamentals - 2021
Historical economic data
Energy and energy related tax regime
Corporation tax
Value Added Tax & other indirect taxation
Personal Income tax
Stamp Duty
Summary of other measures
Let's talk
PwC | Trinidad and Tobago 2021 national budget
About PwC
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