Home' Trinidad and Tobago Guardian : March 7th 2014 Contents A33
Friday, March 7, 2014 www.guardian.co.tt Guardian
MINISTRY OF FINANCE AND THE ECONOMY
INLAND REVENUE DIVISION
TAX INFORMATION BULLETIN
MARCH TAX OBLIGATION REMINDERS
In Trinidad and Tobago, Carnival Income is NOT EXEMPT from tax.
Income is inclusive of but not limited to Endorsement Contractual
Income, Live Performance Fees, Appearance Fees, Music Writers Fees, Copyright
Music Royalties, Music Studio Rentals, and Competition Winnings (inclusive of new
Gate Receipts /Ticket sales. Where this is in excess of $360,000,
this income is Vatable and you are required to be VAT registered and satisfactory tax
invoices issued. The responsibility is yours for deducting and remitting Withholding
Tax at 15% where you engage foreign artiste who are non-residents.
Your Carnival band generates income from your Sales, Competition
Winnings and any other earnings and is therefore subject to tax under the tax laws.
Where Costume Sales, both domestic as well as online sales exceed $360,000, VAT
registration is also required and satisfactory tax invoices are to be issued.
o PAYE/Health Surcharge Returns and Remittance for February 2014 deductions
o Financial Services and Insurance Premium Tax Returns and Remittances for
o VAT Return and payments are due for period January 2013 - February 2014. Late
payment results in 8% penalty and interest at the rate of 2% per month or part
thereof Monday 31
o HOTEL ACCOMMODATION TAX RETURN together with the remittance of
the 10% tax deduction for February 2014
[*The Statutory Date, March 15 is a Saturday in 2014. Payments will be accepted
on Monday March 17, 2014.]
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AT OUR PUBLIC OFFICES. WE ENCOURAGE YOUR PARTICIPATION TO
HELP US SERVE YOU BETTER.
Egypt s top Islamic body said yes-
terday the big budget Hollywood bib-
lical epic Noah starring Russell Crowe
was irreligious and should not be
screened in the country.
Al-Azhar institute, one of the region s
main Sunni Muslim authorities, said
the film, slated to open in Egypt on
March 26, violated Islam by portraying
The film has already angered some
Christian institutions in the United
States, with Crowe s reportedly uncon-
ventional portrayal of Noah.
Al-Azhar can play an advisory role
on censoring movies and books in
Egypt, but does not have the final say.
Portraying a prophet "contradicts
the stature of prophets and messengers
... and antagonises the faithful," the
institution said in a statement.
Egypt s censorship board must
approve any movie before it is shown,
but it was not immediately clear
whether it has approved Noah yet.
Egypt has censored other films in
the past, including the blockbuster "The
Da Vinci Code" after protests from the
Orthodox Coptic Church.
But it did allow the screening of Mel
Gibson s The Passion of Christ, which
depicts Jesus being crucified.
Muslims believe Jesus was a prophet
and was not crucified.
A music teacher in Australia has
been awarded £57,000 in damages for
defamation on Twitter and Facebook
after she was targeted by a former
student who "bore a grudge".
Andrew Farley, 20, the son of the
school s head of the music and arts
department, wrote defamatory messages
about Christine Mickle, 58, who replaced
Mr Farley s father. He had never been
taught by the popular teacher but posted
the messages a year after graduating,
suggesting she was responsible for the
fate of his father, who stood down in
2008 for health reasons.
"For some reason it seems that the
defendant bears a grudge against the
plaintiff, apparently based on a belief
that she had something to do with his
father leaving the school," said district
court judge Michael Elkaim.
"There is absolutely no evidence to
substantiate that belief."
The case comes ahead of a separate
defamation action in Australia brought
by the Liberal party pollsters Mark Tex-
tor and Lynton Crosby, who also work
as Tory advisers. The duo are suing a
former Labour MP, Mike Kelly, over a
tweet accusing them of introducing
Australia to "push polling", or using
loaded questions to sway poll outcomes.
In Britain, Sally Bercow, wife of the
Commons Speaker, was last year forced
to make a public apology and pay dam-
ages to Lord McAlpine after the High
Court found a tweet by her which false-
ly linked him to allegations of child
sexual abuse was defamatory. She was
reportedly forced to pay about £15,000,
In the latest case in Australia, the
court ruled that the social media com-
ments in late 2012 by Farley, a former
student at Orange High School, had a
"devastating effect" on the teacher,
who took sick leave before eventually
returning to work on a limited basis.
"When defamatory publications are
made on social media it is common
knowledge that they spread," the judge
Noah film should be banned
says Egypt's top Islamic body
Student ordered to
pay $100,000 over
TOPLESS IN NEW YORK
Female activist members of FEMEN go topless during their anti-Putin, pro-
Ukraine demonstration in New York's Times Square, yesterday. AP PHOTO
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