Tobago Chamber: Make Tobago VAT-free zone
With Budget Day set for October 5, the Tobago Business Chamber is proposing several ways in which the Government can stimulate Tobago’s economy. One such proposal is to make Tobago a VAT-free zone. In a WhatsApp voice note on the Chamber’s budget proposal, chairman Martin George said changing the island’s VAT-status is not a new proposal as the Chamber “floated” the idea before. “We are requesting that Tobago be made a totally VAT-free zone. It is not impossible. You have places like Panama, where they have within the country a declared duty-free zone. We think that will also help to stimulate greater investment...
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