CHAPTER 75:01 - Inland Revenue Division

Income Tax Act Mac 1
Vol. 1
(a) the day when the overpayment arose;
(b) the day on or before which the return of the income in respect of
which the tax was paid was required to be filed; or
(c) the day when the return of income was actually filed,
and ending with the day of refunding or application aforesaid, unless the
amount of the interest so calculated is less than one dollar, in which event
no interest shall be paid or applied under this subsection.
RELIEF IN CASES OF DOUBLE TAXATION
93. (1) If the President by Order declares that arrangements specified in the
Order have been made with the Government of any country with a view to
affording relief from double taxation in relation to income tax and any tax
of a similar character imposed by the laws of that country, and that it is
expedient that those arrangements should have effect, then subject to
section 95, the arrangements shall notwithstanding anything in any written
law have effect in relation to income tax in so far as -
Relief from double taxation
(a) they provide for relief from tax; or
(b) they provide for -
(i) charging the income arising from sources in Trinidad and
Tobago to persons not resident in Trinidad and Tobago,
(ii) determining the income to be attributed to such persons and
their agencies, branches or establishments in Trinidad and Tobago,
or
(iii) determining the income to be attributed to persons resident in
Trinidad and Tobago who have special relationships with persons
not so resident.
(2) Part I of the Fifth Schedule shall have effect where arrangements
which have effect by virtue of this section provide that tax payable under
the laws of the country concerned shall be allowed as a credit against tax
payable in Trinidad and Tobago.
Fifth Schedule
BIR Mac Edition 91/01 Page 110