Trinidad and Tobago gov't reiterates push to tax gambling industry
According to the local newspaper Guardian, the gaming industry employs 9,000 people directly and 30,000 indirectly in the twin island country. Furthermore, it was reported that the TTMCA will be seeking legal action saying they were not consulted.
“If we were to consult them (the gambling institutions), they would say don’t tax us. We also have to look at what is best for T&T. All industries have been examined and the gambling and gaming industry has been examined, and that is the decision that we have taken,” Robinson-Regis affirmed as she addressed reporters following a post-budget conference held at the Centre of Excellence, Macoya, last week.
The minister also referred to concerns that the proposed tax measures would lead to thousands of job losses.
“We have heard that before. You would recall when the Gaming and Gambling legislation was brought before the Parliament under the previous regime, there has not been any kind of job losses.”
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