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6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer
The head of the ministry is the Minister of Finance and is appointed by the President of Trinidad and Tobago on the advice of the Prime Minister. The incumbent, Mr. Colm Imbert, assumed office on September 11, 2015, and succeeded Mr. Larry Howai following the Trinidad and Tobago general election, 2015.
January 20 – 2023 Trinidad and Tobago presidential election [1] References This page was last edited on 3 February 2025, at 21:41 (UTC). Text is available under the ...
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The general retirement age is currently set to age 67 however, given sufficient pension contributions it is possible to retire as early as at age 62. The longer an individual postpones withdrawing a pension, the greater the government pension provision becomes. [72] Oman: 60 55 2023 The age is 60. Pakistan: 60 2012 [73] Peru: 60 2018 [74 ...
UN pensions in Canada are subject of the USA-Canada tax treaty under which pensions that arise in the USA are taxed in Canada on the same basis as they are taxed for US residents. However, there is a portion of the pension which is tax exempt. For those on disability pension, the benefits can be totally tax exempt in certain circumstances. [5] [6]
Trinidad and Tobago has been involved in the petroleum sector for over one hundred years. There has been considerable oil and gas production on land and in shallow water, with cumulative production totaling over three billion barrels of oil. Trinidad and Tobago is the largest oil and natural gas producer in the Caribbean.
17 January – Three people are killed and five others injured during a mass shooting against a group of men outdoors in Morvant. [1]7 February – The barge MV Gulfstream capsizes off the coast of Tobago, producing an oil spill that affects 15 kilometers of the island's coastline [2] and prompting the declaration of a national emergency.