Investor Presentaiton

Territory Leader's message K Brian Hackett Territory Leader While it is not the only, or indeed, the most important criterion that should guide the divestment of public assets, we do await further details on how this divestment will be configured to ensure that value to the people to Trinidad and Tobago is appropriately maximised whilst ensuring the widest practical coverage of retail stations remains within our twin island state. The Minister also announced plans to privatise the managerial, operational and financial responsibility for commercial activities of the Port Authority of Trinidad and Tobago and we are hopeful that this privatisation will be undertaken in the context of a coherent and implementable national port policy. Both measures have been long overdue, and we look forward to further initiatives in the coming years to reduce the regrettable extent to which the state still participates in our local economy. In an attempt to curb the demand for United States (US) dollars, the Minister is proposing the removal of all tax concessions on the importation of private motor vehicles, the reduction in the vehicular age limit for the importation of foreign used cars and a reduction in the quota for the importation of both used and new vehicles. While we continue to favour allowing our local currency to reset to a more sustainable level as a means to arrive at an equilibrium between demand and supply for international currencies within Trinidad and Tobago (T&T), we do however acknowledge that we are navigating truly uncertain times where the normal rules do not necessarily apply. 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 3

View entire presentation