JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Wednesday, June 25, 2025

TTRA repeal passes in Lower House

by

11 days ago
20250614
Finance Minister, Dave Tancoo

Finance Minister, Dave Tancoo

The bill to re­peal the Trinidad and To­ba­go Rev­enue Au­thor­i­ty (TTRA) Act passed in the House of Rep­re­sen­ta­tives just af­ter 1:15 a.m. on Sat­ur­day, with 27 votes in favour—in­clud­ing sup­port from To­ba­go East MP David Thomas of the To­ba­go Peo­ple's Par­ty, who vot­ed with the gov­ern­ment.

To­ba­go West MP Joel Samp­son was ab­sent for the vote. On the op­po­si­tion bench­es, 11 of the 13 Peo­ple’s Na­tion­al Move­ment (PNM) MPs vot­ed against the bill. Op­po­si­tion Leader Pen­ne­lope Beck­les and Trinci­ty/Mal­oney MP Camille Robin­son-Reg­is were both ab­sent.

Fi­nance Min­is­ter Dav­en­dranath Tan­coo, in wrap­ping up the de­bate, seized on the ab­sences.

“Where is your leader?” he asked, teas­ing the op­po­si­tion leader for what he de­scribed as her si­lence dur­ing a crit­i­cal de­bate. “The leader of those on that bench has van­ished since 8pm.  She has not con­tributed, de­spite the fact that there have been  so many op­por­tu­ni­ties to­day. Not a word said in this Par­lia­ment.”

Tan­coo, who pi­lot­ed the bill, said the re­peal would al­low gov­ern­ment to rein­vest in the coun­try’s long-stand­ing rev­enue agen­cies in­stead of pur­su­ing what he de­scribed as a failed po­lit­i­cal ex­per­i­ment.

He called on the Op­po­si­tion to sup­port the re­peal and to “re­pent for the decade of hell they have put this coun­try through.” Tan­coo said the Board of In­land Rev­enue (BIR) must be giv­en the tools it needs to car­ry out its man­date.

But for­mer fi­nance min­is­ter Colm Im­bert warned that re­peal­ing the TTRA would se­vere­ly lim­it the gov­ern­ment's abil­i­ty to raise rev­enue, par­tic­u­lar­ly in light of what he de­scribed as un­sus­tain­able cam­paign promis­es.

“You want to spend $70 bil­lion a year and col­lect $50 bil­lion and run a $20 bil­lion deficit—you go ahead,” Im­bert said. He ar­gued that the TTRA was the on­ly re­al­is­tic op­tion for im­prov­ing tax col­lec­tion and ac­cused the gov­ern­ment of dis­man­tling it with­out a vi­able al­ter­na­tive.

Prime Min­is­ter Kam­la Per­sad-Bisses­sar said the re­peal ful­filled a long-stand­ing com­mit­ment made to pub­lic of­fi­cers in the BIR and the Cus­toms and Ex­cise Di­vi­sion, whose fu­tures un­der the TTRA were un­cer­tain.

“My gov­ern­ment gave as­sur­ances to the PSA and the pub­lic of­fi­cers… that as a pri­or­i­ty, we will re­peal the Act, and here we are to­day,” she said.

Per­sad-Bisses­sar said her ad­min­is­tra­tion had al­ways op­posed the TTRA, both in and out­side Par­lia­ment, be­cause it threat­ened the in­de­pen­dence of tax col­lec­tion and en­force­ment.


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored