Trinidad and Tobago 2012 - invesTT

Investment Incentives
For more information on Production Incentives contact:
The Trinidad & Tobago Film Company Limited
Suite 015, Bretton Hall,
16 Victoria Avenue,
Port of Spain,
The Republic of Trinidad and Tobago.
Tel: (868) 625-FILM (3456)
Fax: (868) 624-2683
Website: www.trinidadandtobagofilm.com
Email: info@trinidadandtobagofilm.com
SPECIAL CLASSES
The Income Tax Act provides for several special classes of company
which are entitled to a tax credit.
These special classes of company include:
• Approved small companies
• Approved companies trading in a regional development area
• An approved activity company.
These special companies must be locally incorporated and owned
and are subject to a rigorous approval process to ensure that they
comply with the criteria defined in the Income Tax Act. The approval
process is done via the Ministry of Trade, Industry and Investment,
except for approved small companies which are done via the
Business Development Company Limited.
LOSS RELIEF
The Income Tax Act and Corporation Tax Act provide for the carryforward
of tax losses without limitations. Tax losses may be lost
if a company’s ownership changes with a view to transferring the
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