CHAPTER 75:01 - Inland Revenue Division

Corporation Tax Act Mac 1
Vol. 1
(c) any other trade or business;
(d) any profession or vocation or management charges or charges
for the provision of personal services and technical and managerial
skills;
(e) short-term capital gains;
(f) interest, discounts, annuities or other annual or periodic payments;
(g) rents paid for immovable property and royalties from the operation
of mines, quarries or other natural resources and the annual
value of land and improvements thereon used by or on behalf of
the owner or used rent-free by the occupier for the purposes of
residence or enjoyment and not for the purpose of gain or profit,
the annual value being that assessed in house rates or taxes under
the Lands and Building Taxes Act or under the Port of Spain
Corporation Ordinance or under the San Fernando Corporation
Ordinance or under the Arima Corporation Ordinance 105 ;
(h) rentals and royalties paid for the use or the right to use -
(i) copyrights, artistic or scientific work, patents, designs,
plans, secret processes or formulae, trade marks, motion
picture films, films or tape for radio and television
broadcasting, or other like properties or rights, or
(ii) information concerning industrial, commercial or scientific
knowledge, experience or skill;
(i) premiums, commissions, fees and licence charges;
(j) dividends and other income received from non-resident companies,
out of profits not derived from or accruing in Trinidad and
Tobago, and from persons (including a partnership) not being companies;
(k) preference dividends;
(l) profits or amounts deemed to be profits of a company under this
Part;
105 BIR Note: "or under the Point Fortin Act (Act 12 of 1980) "
BIR Mac Edition 91/01 Page 184