This Bill seeks to provide country-by-country reporting (CBCR) legislation to meet Trinidad and Tobago’s obligations to the Base Erosion and Profit Shifting (BEPS) Inclusive Framework and assist with compliance with one criteria of the list of non-cooperative jurisdictions for tax purposes of the European Union.
Bills
4th Session of the 12th Republican Parliament
The Base Erosion and Profit-Shifting Inclusive Framework (Country-by-Country) Reporting Bill, 2023
An Act to provide for the Country-by-Country Reporting (CBCR) by Multinational entities relative to the Base Erosion and Profit Shifting Inclusive Framework and to provide for matters related thereto
Bill Essentials:
Bill No:
Senate Bill 5 of 2023
Introduced In:
Introduced On:
24-Nov-2023
Published In Gazette On
Vol.63 No.25, 20 February 2024
Status
President of the Republic - Assent: Awaiting Proclamation
Progress
24 Nov 2023
20 Feb 2024
12 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
2.Sen. Wade Mark [Opposition Senator]
3.Sen. Anthony Vieira, SC [Independent Senator]
4.Sen. the Hon. Reginald Armour, SC [Attorney General and Minister of Legal Affairs]
5.Sen. Damian Lyder [Opposition Senator]
6.Sen. Hazel Thompson-Ahye [Independent Senator]
7.Sen. the Hon. Allyson West [Minister of Public Administration]
8.Sen. Jayanti Lutchmedial-Ramdial [Opposition Senator]
9.Sen. Deoroop Teemal [Independent Senator]
10.Sen. the Hon. Richie Sookhai [Minister in the Ministry of Works and Transport]
11.Sen. Sunity Maharaj [Independent Senator]
12.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
20 Feb 2024
Approved with amendments
20 Feb 2024
1 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
1 Mar 2024
House of Representatives
Bill Incorporating Senate amendments
1 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
6 Mar 2024
7 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
2.Mr. Davendranath Tancoo, MP [Oropouche West] [Opposition Member]
3.Sen. the Hon. Reginald Armour, SC [Attorney General and Minister of Legal Affairs]
4.Mr. Rushton Paray, MP [Mayaro] [Opposition Member]
5.Hon. Faris Al-Rawi, SC, MP [San Fernando West] [Minister of Rural Development and Local Government]
6.Mr. Rodney Charles, MP [Naparima] [Opposition Member]
7.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
6 Mar 2024
Approved without amendments
6 Mar 2024
1 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
19 Mar 2024
President of the Republic