Investor Presentaiton

Territory Leader's message (continued) K Brian Hackett Territory Leader COVID-19 and the completion of our national general elections provides an opportune time for pause, reflection and much needed detailed implementation planning. Over the past decade, it has been highlighted in this publication and numerous others, the need for T&T to: improve the ease of doing business; embrace digitalisation of the public sector; increase our global competitiveness diversify the economy; and improve public sector governance and transparency. It is our sincere hope that COVID-19 will continue to provide real and sustainable impetus to implement many of these measures. Chief among them may be digitalisation of the public sector and the narrowing of the digital divide across the nation. We applaud the digital transformation impetus within the Ministry of Public Administration, now referred to as the Ministry of Public Administration and Digital Transformation, and the numerous proposed digital measures announced by the Minister of Finance during his budget presentation, including but not limited to the removal of all taxes on certain electronic devices and the uplift on corporation tax deductions (capped at TT$3million) for businesses which invest in tech starts-up and new tech business. 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 4

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