Deadline extended for FATCA legislation

“I wanted to take a brief moment to provide another update on FATCA.

Let me start by saying we strongly recommend that Trinidad and Tobago pass legislation no later than February 2017, in order to carry out the commitments undertaken when the FATCA agreement was signed by our two countries, and in line with the implementation plan put forward by the Government of Trinidad and Tobago.

I would remind all of Trinidad and Tobago that FATCA is just one element of the strong and broad relationship between our two countries.  In fact, we have signed several bilateral agreements to expand our cooperation just within the past six months.  I look forward to returning to the warm shores of Trinidad and Tobago today. — Ambassador John L. Estrada