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Citizens, business owners, and operators across several sectors will face more taxes as Government moves to increase penalties through the Finance Bill, 2026.
Speaking at a news conference in Parliament, at the Red House, Port of Spain, yesterday, MP Colm Imbert said the Opposition received notice of the Finance Bill containing 31 clauses, and at least half of these clauses seek to increase fines under a number of pieces of legislation.
Imbert said some of the increases ranged from 50% to as much as 400%.
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