Trinidad and Tobago Ministry of Finance Issues Notice on VAT Bond Application Process

• VAT bonds available for unpaid VAT refunds
• First-come, first-serve basis with fixed interest rate of 4.01% per year
• Three-year maturity
• Six-month moratorium for energy sector companies
• Eligibility for refunds exceeding 250,000 Trinidadian Tobagan dollars
• All VAT returns must be filed before applying
• Single bond issued per applicable VAT period
• Application deadline is Feb. 3

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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