On February 1, the Trinidad and Tobago Government enforced a new VAT regime involving a reduction to the standard rate and a broadening of the range of items that are subject to VAT.
Latin American, Philippi, Prietocarrizosa & Uria has opened a new office in Lima, Peru by integrating Peruvian firms Ferrero Abogados and Delmar Ugarte.
Thomas Barthold, chief of staff of the Joint Committee on Taxation (JCT), has been recognised by the Tax Council Policy Institute (TCPI) for his accomplishments in business and tax policy with the Pillar of Excellence Award.