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Finance Minister Davendranath Tancoo insists the Landlord Tax which is part of a suite of measures passed in the Finance Bill, 2025 last week in the House of Representatives, is not an updated version of the PNM's much maligned property tax.

He said so during an interview with Newsday on December 7.

He said the PNM had managed to convince a lot of people that the Landlord Tax and Property Tax were one and the same. He said the property tax was based on residential income which did not exist.