Prevention of Tax Treaty Abuse – Fourth Peer Review Report on Treaty Shopping

Trinidad and Tobago

A. Progress in the implementation of the minimum standard

Trinidad and Tobago has 17 tax agreements in force, as reported in its response to the Peer Review questionnaire, including the multilateral agreement among the members of the CARICOM concluded with ten treaty partners (the CARICOM Agreement). 1

None of those agreements comply with the minimum standard.

Trinidad and Tobago has not signed the MLI.

Trinidad and Tobago has made a general statement in its response to the Peer Review questionnaire that it intends to implement a detailed LOB as part of its commitment to implement the minimum standard.

B. Conclusion

The CARICOM Agreement does not at this stage comply with the minimum standard and discussions to bring this agreement up to date should be contemplated.2

Summary of the jurisdiction response – Trinidad and Tobago

 

	1.Treaty partners	2. Compliance with the standard	3. Signature of a complying instrument	4. Minimum standard provision used
1	Antigua and Barbuda	No	No
2	Barbados	No	No
3	Belize	No	No
4	Brazil	No	No
5	Canada	No	No
6	China (People’s Republic of)	No	No
7	Denmark	No	No
8	Dominica	No	No
9	France	No	No
10	Germany	No	No
11	Grenada	No	No
12	India	No	No
13	Italy	No	No
14	Guyana*	No	No
15	Jamaica	No	No
16	Luxembourg	No	No
17	Norway	No	No
18	Saint Kitts and Nevis	No	No
19	Saint Lucia	No	No
20	Saint Vincent and the Grenadines	No	No
21	Spain	No	No
22	Sweden	No	No
23	Switzerland	No	No
24	United Kingdom	No	No
25	United States	No	No
26	Venezuela*	No	No