Prevention of Tax Treaty Abuse – Third 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).

None of Trinidad and Tobago’s agreements comply with the minimum standard or are subject to a complying instrument.

Trinidad and Tobago has not signed the MLI.

B. Implementation issues

As Trinidad and Tobago has not signed the MLI or implemented anti-treaty-shopping measures in its agreements, the Secretariat will offer its support to design a plan for the implementation of the minimum standard to strengthen its network of agreements.

Trinidad and Tobago is encouraged to bring the CARICOM Agreement up to date by commencing talks among all the treaty partners.1

Summary of the jurisdiction response – Trinidad and Tobago

 

	Treaty partners	Compliance with the standard	If compliant, the alternative implemented	Signature of a complying instrument	The alternative implemented through the complying instrument (if not the MLI)	Comments
1	Antigua and Barbuda	No	N/A	No	N/A	CARICOM
2	Barbados	No	N/A	No	N/A	CARICOM
3	Belize	No	N/A	No	N/A	CARICOM
4	Brazil	No	N/A	No	N/A
5	Canada	No	N/A	No	N/A
6	China (People's Republic of)	No	N/A	No	N/A
7	Denmark	No	N/A	No	N/A
8	Dominica	No	N/A	No	N/A	CARICOM
9	France	No	N/A	No	N/A
10	Germany	No	N/A	No	N/A
11	Grenada	No	N/A	No	N/A	CARICOM
12	Guyana*	No	N/A	No	N/A	CARICOM
13	India	No	N/A	No	N/A
14	Italy	No	N/A	No	N/A
15	Jamaica	No	N/A	No	N/A	CARICOM
16	Luxembourg	No	N/A	No	N/A
17	Norway	No	N/A	No	N/A
18	Saint Kitts and Nevis	No	N/A	No	N/A	CARICOM
19	Saint Lucia	No	N/A	No	N/A	CARICOM
20	Saint Vincent and the Grenadines	No	N/A	No	N/A	CARICOM
21	Spain	No	N/A	No	N/A
22	Sweden	No	N/A	No	N/A
23	Switzerland	No	N/A	No	N/A
24	United Kingdom	No	N/A	No	N/A
25	United States	No	N/A	No	N/A
26	Venezuela*	No	N/A	No	N/A