Board of Inland Revenue (BIR)
Form 500-CTR — Corporation Tax Return
Declare your company's chargeable profits and file your annual corporation tax return
- Form ID
- 500-CTR
- Who must file
- All companies registered with the Board of Inland Revenue, regardless of loss or tax concessions
- Filing frequency
- Annual
- Filing deadline
- April 30th following the end of the fiscal period
- Regulator
- Board of Inland Revenue (BIR)
Form 500-CTR is the Corporation Tax Return filed under the Corporation Tax Act (Chapter 75:02) of Trinidad and Tobago. Every company registered with the Board of Inland Revenue must file this return annually, regardless of whether it sustained a loss or enjoys tax concessions.
The corporation tax rate in Trinidad and Tobago is 30% on chargeable profits. Companies must declare their total income, allowable deductions, capital allowances, and tax payable. Late filing attracts a penalty of TTD 1,000 per six months or part thereof.
Since 2018, the 500-CTR must be filed electronically via the e-Tax portal at etax.ird.gov.tt. Learn more about how HeadOffice can help you manage your Trinidad and Tobago business finances and stay on top of your tax obligations.