Investor Presentaiton

Budget overview (continued) K We also noted the Minister's continued commitment to the passing of the Gambling (Gaming and Betting) Bill. It's the Government's hope that with the proclamation of this bill, they will see an increased rate of compliance with respect to the remittance of taxes for members' clubs and amusement gaming operators and a further widening of the tax net. Another area the Government could consider is the continuation of their proposed plans for the cannabis industry. In particular, the establishment of the framework for the sale of cannabis exclusively for medical purposes. This may represent a new income stream via the taxes collected on the profits of these licensed businesses. The Minister announced plans to continue and start several large infrastructure projects, e.g. new highways, expansion of existing highways and interchange/flyovers as well as enhance transparency in public procurement. While the capital injections will stimulate the economy and provide opportunities for employment, equal consideration and capital injection should be prioritised into investments in a scalable Trinidad and Tobago digital infrastructure. An ultra-fast broadband network alone would benefit hundreds of thousands, including students, entrepreneurs, large and small businesses, public service employees etc., with the added bonus that it may accomplish the same end goal intended by some of the planned flyover/interchanges, i.e. less vehicular traffic. What's Inside 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 23 23

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