The American Chamber of Commerce is once again urging parliamentarians to pass the FATCA legislation in Parliament when the matter is debated on Thursday.
The bill is likely to go to a vote tomorrow and will require a special three-fifths majority to be passed.
Amcham issued this statement on the matter today.
The T&T American Chamber of Commerce is asking the Government to rethink its position on the implementation of the online tax.
The 7% tax is due to take effect on Thursday morning.
AMCHAM issued this statement today.
"AMCHAM T&T is urging the Government to rethink its position on the implementation of the online purchase tax (OPT). This tax which is to be applied to all ‘online’ purchases sent via air freight and
is set to take effect from tomorrow.
The Chamber of Industry and Commerce says it is looking forward to continued cordial relations with the Central Bank, saying it is heartened that the Government moved speedily to reappoint a new Governor after the dismissal of Jwala Rambarran.
The following is a statement from the Chamber of Industry and Commerce:
"Through a series of media reports the Trinidad and Tobago Chamber of Industry and Commerce became aware of the termination of the contract of the Governor of the Central Bank of Trinidad and Tobago.