Crypto tax in Trinidad and Tobago
Crypto in Trinidad and Tobago is unclear / unsettled.
Treatment
unclear / unsettled
Long-term
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Headline rate
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Trinidad and Tobago has no specific law or official tax guidance on how an individual’s cryptocurrency gains are taxed, so treatment of disposals is currently uncertain and would likely default to general income/tax principles case by case.
“The Trinidad and Tobago Securities and Exchange Commission (TTSEC), the Central Bank of Trinidad and Tobago and the Financial Intelligence Unit of Trinidad and Tobago (Regulatory Authorities), in a joint statement issued on January 25th 2019, informed the public that providers of cryptocurrencies/virtual currencies are neither regulated nor supervised by the Regulatory Authorities and that there are no legislative provisions under their purview that provide protection to consumers for losses arising from the use of virtual currencies.” — Trinidad and Tobago Securities and Exchange Commission (TTSEC) / Central Bank of Trinidad and Tobago / Financial Intelligence Unit of Trinidad and Tobago
Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.