Property Tax

I wish that someone in authority would specify whether the property tax itself will be rescinded or whether it is simply the reforms passed last year. The PP Manifesto indicates that this is the Property Tax itself by stating: "We will rescind the property tax." That's item 3 in the list of promises.

And the definition of 'rescind' is fairly clear.

As someone who is constantly looking for information on Trinidad and Tobago's Property Tax Reform - and since we at KnowTnT.com have been keeping an eye on it and writing about it - it is somewhat humorous that there has been an announced extension on Property Tax Reform. And even some information: 

With Trinbagonians distracted with the upcoming Carnival, Beyonce and now Haiti, the new Property Tax seems all but forgotten.

When I went over the facts that were mailed out by the Ministry of Finance regarding Property Tax Reform, I immediately saw a few weak points from my own personal perspective. First, I have to give some background (without giving out too much personal information).

A Practical Look At The Old System

The property tax reform (2009) in Trinidad and Tobago has received a lot of attention in the media, and to date there hasn't been a lot of information on it. Instead of citing specific articles, I'll just point to the smorgasbord available through Google.