Investor Presentaiton

Corporation Tax measure K Overview of measure Measure - Digital and technology 1. Removal of all taxes on mobile and digital equipment, mobile phones, software, computer accessories and peripherals 150% tax allowance capped at TT$3m for businesses which invest in tech starts-up and new tech business. 2. 3. 150% tax allowance capped at TT$3m for businesses which engage in technology solutions and digitalisation. 4. A tax allowance will be provided to businesses which create employment in the technology industry, particularly for young people. The allowance is set at 150% with a cap of TT$3m. Commentary Pre-COVID-19, advancing the Digital Agenda in Trinidad and Tobago was more akin to a marathon with a few notable sprints such as ttconnect, the Single Electronic Window and TTBIZ platforms all aimed at promoting trade and business in a more efficient and effective manner. There was however a clear gap in the digital transformation world which became more readily notable with the Covid-19 pandemic. 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 About PwC PwC | Trinidad and Tobago 2021 national budget 42

View entire presentation