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Minister in the Ministry of Finance Kennedy Swaratsingh said 132,124 people paid a total of $135,534,838.81 in property tax as of May 2, 2025.

He made the statement in the Senate in response to a question from former rural development and local government minister Faris Al-Rawi on September 26.

He said the property tax collected by the Inland Revenue Division, in its capacity as a receiver of revenue, was initially deposited into authorised commercial bank account(s), in accordance with Section 53 of the financial regulations made under the Exchequer and Audit Act, Chap. 69:01. These funds were subsequently transferred to the exchequer account at the Central Bank of TT.