US Treasury

US Ambassador working with US Treasury, TT Government to ensure FATCA implemented

US Ambassador John Estrada says he will work closely with the US Treasury and the Government of Trinidad and Tobago to ensure that this country implements the FATCA agreement.

The Ambassador, who is currently in Washington, issued a statement on the matter today:

Imbert: We now await the US Treasury's response to our request for an extension

Finance Minister Colm Imbert says he expects a reply from the United States' Treasury sometime next week on the Government's request for an extension of the deadline to become FATCA compliant.

The Minister told a news conference after the breakdown of the debate today, that the Government could not allow the bill to go to a vote and fail because it would have taken another six months before it could have been brought back to Parliament.