Home' Trinidad and Tobago Guardian : December 30th 2014 Contents A60
Guardian www.guardian.co.tt Tuesday, December 30, 2014
Ministry of Finance and the Economy
INLAND REVENUE DIVISION
GAMING TAX - REGISTRATION OF CLUBS ACT
The Board of Inland Revenue wishes to advise that the Registration of Clubs
Act Chapter 21:01 was amended by Finance Act No. 4 of 2014. A summary
of the amendments applicable to gaming taxes are stated below:
(1) A members' club is required to have a secretary who shall be a member
or ex officio member of the members' club. The responsibilities of the
Secretary of the members' club include the following:
(a) Within fifteen days of the grant of a certificate by the licensing
committee, from the year 2015, submit to the Board of Inland
Revenue a return as to the number of tables and devices used or
to be used on the premises of the club. The penalty for failure,
neglect or refusal to submit a return for any year commencing
2015, after six months from the deadline date, is one hundred
dollars for every six months or part thereof.
(b) Pay the taxes in respect of the tables and devices contained in the
return on behalf of the club at the rates specified in the Schedule.
If the members' club fails to pay the gaming tax to The Board, the
Secretary commits an offence and is liable to interest on the out
standing taxes at fifteen per cent per Annum AND the certificate
can be cancelled by the licensing committee.
(c) Deposit with the Comptroller of Accounts the sum of five hundred
thousand dollars ($500,000.) on behalf of the members' club
which shall be invested at the discretion of the Minister. Interest
if any, would be paid yearly to the members' club. The Secretary
commits an offence when, without making this deposit, gambling
transactions are carried out by the members' club.
(2) Every members' club seeking the renewal of a certificate subsequent
to the year 2014 shall, before the certificate is issued, satisfy the
licensing committee that there are no outstanding gaming taxes, interest
and penalty payable to the Board of Inland Revenue in respect of the
last six years prior to the year in which the application for renewal is made.
(3) With effect from January 01st 2015, the Board would issue in respect
of each table or device, a tag for which gaming taxes is paid.
(1) The Secretary of the members' club has the responsibility to
ensure the tag is displayed on each table or device for which the
tax was paid.
(2) The certificate of the members' club shall be liable to cancellation
by the licensing committee if the tag is not displayed on each table
or device. The Secretary commits an offence and is liable on sum
mary conviction to a fine of fifteen hundred dollars and in the case
of a continuing offence afurther eight hundred dollars for each day
during which the offence continues.
Taxpayer Relations Section
"Changing the way we interact with People!"
Visit us at www.ird.gov.tt
MELBOURNE---Chris Rogers and
Shaun Marsh scored half centuries as
Australia built a 326-run lead over
India after four days of the third Test,
putting the hosts in position to push
for a series-clinching third-straight
Australia was 261-7 in its second
innings at stumps yesterday, losing
wickets at regular intervals, but did
enough to build a challenging target,
reducing India s chances of getting the
win it needs to stay alive in the series.
Marsh held together the mid-to-late
order and brought up his 50 with a six
off Ravichandran Ashwin into the sight
screen on his way to 62 not out at the
end of play with Ryan Harris on 8 .
Australia is expected to resume bat-
ting Tuesday to add some quick runs,
while leaving enough time to take the
ten wickets for the win.
"We need a few more runs than we
have on the board at the moment,"
opener David Warner said. "Shaun
Marsh is batting fantastic and we saw
what Ryan Harris did in the first
Warner made 40 off 42 balls to pro-
vide Australia with a fast start to its
innings before being trapped lbw by
Ishant Sharma (2-49) claimed Shane
Watson (17) shortly after the rain-
delayed start of the second session
when the batsman got a thick outside
Captain Steve Smith s fine run of
form stalled when he made just 14
before edging an Umesh Yadav (2-73)
ball to leg slip, where it was snapped
up by Ajinkya Rahane.
India needs to win the third Test to
stay alive in the four-match series.
Australia can reclaim the Border-
Gavaskar trophy with a win or draw
in Melbourne after a 48-run win in
the first test and a four-wicket victory
last week in the second test at Bris-
"Any score on the final day is going
to be tricky," Ashwin said. "It s a test
match. That s why you call it a test
match, because it tests every single
aspect of your game and your attitude.
"It s going to be hard work, but we re
up for it. We want to win games of
Rogers (69) laced eight boundaries
in his fourth-straight half-century
before being bowled by Ashwin. The
Australian opener had already survived
two close calls: dropped at first slip
when on 33 and getting an edge that
did not carry to the wicketkeeper when
Joe Burns, on debut, was caught
behind off Sharma, who looked increas-
ingly dangerous as the ball produced
reverse swing on a deteriorating Mel-
bourne Cricket Ground pitch.
"Ishant got the ball in the right areas,"
Warner said. "And with the older ball
he manages to get a bit of reverse
swings and he can go both ways. He s
played a big role in these last three
Brad Haddin made just 13 before he
was caught behind off Yadav and
Mitchell Johnson (15) offered some
aggressive strokes before being caught
by Rahane off Mohammed Shami (1-
75) for 15.
Earlier, Johnson claimed two quick
wickets as India lasted just 15 balls and
added only two runs to its overnight
score to finish with 465 in its first
Yadav was caught behind for a duck
with the second ball of the morning
and Smith took a regulation catch at
second slip to dismiss Shami for 12.
Aussies aim to
Australia's David Warner, left, drives through the off side as India's wicketkeeper
MS Dhoni, right, watches, on the fourth day of their cricket test match in
Melbourne, Australia, yesterday . AP PHOTO
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