Answered: from pension contribution state two…

from pension contribution state two other expenses that an individual may use to reduce his/her tax liability in Trinidad. (Ensure to include the maximum allowed)

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter1: Understanding And Working With The Federal Tax Law

Section: Chapter Questions

Problem 41P

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Question

Trinidad & Tobago Taxation

Apart from pension contribution state two other expenses that an individual may use to reduce his/her
tax liability in Trinidad. (Ensure to include the maximum allowed)

Rules by which an authority (usually a government) imposes a financial obligation on individuals or organizations within its domain. Property or transactions can be taxed. While taxes are primarily intended to fund the operation of a government, many tax laws are created to encourage or discourage certain behaviors by citizens or companies.

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