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The Trinidad and Tobago Coalition of Bars and Restaurants (TTCOBAR) and the Barkeepers Owners and Operators Association of Trinidad and Tobago (BOATT) are warning that the Government’s proposal to increase the Amusement Gaming Tax from $6,000 to $25,000 per machine per year will cripple small and medium-sized bar enterprises and lead to widespread closures and job losses.
In a joint response issued yesterday, the organisations said the increase represents a more than 400 per cent jump in taxation and will make legal operation financially impossible for hundreds of community-based bars that rely on gaming revenue to stay open and maintain staff.
“This policy amounts to a direct shutdown of small and medium sized bar enterprises that depend on regulated gaming revenue to survive,” the joint statement said.
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