US-China and CARICOM ties
T&T, US sign deal on ‘clean’ energy
Concerns over rum subsidies
Caribbean leaders hold “frank and cordial” talks
‘Local banks working with US to beat tax evasion’
PORT OF SPAIN, Trinidad and Tobago, Express -Local banks are on track to being compliant with US tax legislation, the Foreign Account Tax Compliance Act (FATCA), by next year’s deadline, Bankers’ Association president David Dulal-Whiteway said yesterday. FATCA was enacted in the US Congress in 2010 and is part of that country’s effort to combat tax evasion by US citizens holding overseas investments. “US taxation rules require US citizens pay taxes on worldwide income regardless of where they are.
For VP Biden, a plain-talk welcome
PORT OF SPAIN, Trinidad and Tobago, Express - US vice-president Joe Biden has come all the way to Trinidad and Tobago, via Bogota, Colombia, surely having been briefed on matters topping the agenda of US-Caribbean relations. The veteran US senator, now second in command to President Barack Obama, can be assured of a warm T&T welcome and hospitality during his visit, which will also be the occasion for a special regional summit.
Chamber president: SMEs making big contribution to GDP
PORT OF SPAIN, Trinidad and Tobago, Guardian - The Small and Medium Enterprises (SME) sector is now making a bigger contribution to the economy of T&T, Moonilal Lalchan, president, T&T Chamber of Commerce, said yesterday. “Statistics show that at the end of 2011, the over 20,000 SME’s contributed to roughly 30 percent of our Gross Domestic Product (GDP) and employed over 200,000 persons. They provide a range of goods and services from the traditional corner shop, to farmers, service providers, ICT industry, cottage industry and food vendors.
PM: No plan for US military base in T&T
PORT OF SPAIN, Trinidad and Tobago, Express - No provision has been made or contemplated for the establishment of a military base in the Status of Forces Agreement (SOFA) signed between the United States and Trinidad and Tobago, Prime Minister Kamla Persad-Bissessar assured yesterday. The Prime Minister’s office issued a press release yesterday confirming that Trinidad and Tobago has ratified the Status of Forces Agreement (SOFA) with the United States.
T&T/US agree on activity presence Ahead of yesterday’s arrival of US Vice President Joe Biden,
PORT OF SPAIN, Trinidad and Tobago, Guardian - T&T has ratified an agreement with the US which governs the temporary presence of US military/defence personnel in T&T for mutually agreed activities. The Office of the Prime Minister (OPM) at 3.23 pm yesterday announced the ratification of the Status of Forces Agreement (SOFA) with the US. However, it was noted that this SOFA could not be the basis for the establishment of an American military base in T&T because it contemplates the temporary presence of US personnel in T&T.
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