ATTENTION BAND LEADERS, PROMOTERS, & ARTISTES
The Board of Inland Revenue is advising of your Tax Obligations
PROMOTERS ARE REQUIRED TO:
- BE REGISTERED FOR VAT
- where gross receipts of six hundred thousand dollars ($600 000) is attained
- PAY INCOME TAX/CORPORATION TAX
- PAY GREEN FUND LEVY
- DEDUCT AND REMIT WITHHOLDING TAX FOR FOREIGN ARTISTES (where applicable)
- SUBMIT THE RELEVANT TAX RETURNS
LOCAL ARTISTES ARE REQUIRED TO:
- PAY HEALTH SURCHARGE
- PAY INCOME TAX (note: you are charged to tax on your world* income)
- SUBMIT THE RELEVANT TAX RETURNS
FOREIGN ARTISTES
- ARE LIABLE FOR WITHHOLDING TAX (Deducted and Remitted by Promoter)
BANDLEADERS ARE REQUIRED TO:
- BE REGISTERED FOR VAT
- where gross receipts of six hundred thousand dollars ($600 000) is attained
- PAY INCOME TAX/CORPORATION TAX
- PAY BUSINESS LEVY
- PAY GREEN FUND LEVY
- DEDUCT AND REMIT PAYE FROM EMPLOYEES WHERE APPLICABLE
- SUBMIT THE RELEVANT TAX RETURNS
NOTE: FIELD VISITS WILL BE CONDUCTED BY IRD STAFF
FOR FURTHER DETAILS PLEASE CONTACT
TAXPAYER RELATIONS SECTION
or use e-Tax Faster Easier and Convenient
Visit us at www.ird.gov.tt or call 800 TAXX(8299) Option 1